The Department of Transportation announced today that the FASTLANE grant program is now rebranded as the Infrastructure for Rebuilding America (INFRA) program.
FASTLANE grants were part of the last highway bill to provide financial assistance to national and region highway and freight projects. Congress authorized $4.5 billion over five years for the program in 2016.
Today's Notice of Funding Opportunity for the Department of Transportation's Nationally Significant Freight and Highway Projects (INFRA Grants) for Fiscal Years 2017 and 2018 lists four key objectives for the revamped program:
- Supporting economic vitality at the national and regional level
- Leveraging federal funding to attract other, non-federal sources of infrastructure investment, as we as accounting for the life-cycle costs of the project
- Using innovative approaches to improve safety and expedite project delivery
- Holding grant recipients accountable for their performance and achieving specific, measureable outcomes identified by grant applicants.
The revised INFRA program will retain the requirement that at least 25 percent of each fiscal year's funding is set aside for rural areas, defined as areas with less than 200,000 population.
Awards under the INFRA program will go to both large and small projects. For a large project, the INFRA grant must be at least $25 million. For a small project, the grant must be at least $5 million. For each fiscal year of INFRA funds, 10% of available funds are reserved for small projects.
Selection for funds will now give more weight to projects that leverage non-federal funding, instead using funds from state, local or private sectors.
Projects that use innovative methods to speed permitting and delivery will also be favored.
For information regarding resubmitting previous FASTLANE applications, please click here:https://www.transportation.gov/buildamerica/infragrants