Eighth round of TIGER funding makes $500 million available

Written by Jenifer Nunez, assistant editor
image description
Secretary of Transportation Anthony Foxx speaks at the National Association of Counties announcing the next round of TIGER funding availability.
USDOT

The U.S. Department of Transportation (USDOT) will make $500 million available for transportation projects across the country under an eighth round of the successful Transportation Investment Generating Economic Recovery (TIGER) competitive grant program.

 

“The TIGER program funds vital transportation projects that provide real benefits to communities all across the country. Every year, we see hundreds of compelling applications that have the potential to improve people’s access to economic opportunities, make people safer and improve their well-being.” said U.S. Transportation Secretary Anthony Foxx. “I am proud that for seven rounds, TIGER has been able to make a valuable contribution to improving our nation’s transportation infrastructure and I look forward to this year’s competition.”

Like the first seven rounds, FY 2016 TIGER discretionary grants will fund capital investments in surface transportation infrastructure and will be awarded on a competitive basis for projects that will have a significant impact on the nation, a metropolitan area or a region. The 2016 TIGER grant program will continue to make transformative surface transportation investments by providing improvements over existing conditions. The program will focus on capital projects that generate economic development and improve access to reliable, safe and affordable transportation for communities, both urban and rural.

The Consolidated Appropriations Act, 2016, does not provide dedicated funding for the planning, preparation, or design of capital projects; however, these activities may be funded as part of an overall construction project.

Since 2009, TIGER has provided nearly $4.6 billion to 381 projects in all 50 states, the District of Columbia and Puerto Rico, including 134 projects to support rural and tribal communities. Demand has been overwhelming and during the previous seven rounds, USDOT received more than 6,700 applications requesting more than $134 billion for transportation projects across the country.

The TIGER grant program supports innovative projects, including multimodal and multi-jurisdictional projects, which are difficult to fund through traditional federal programs. These federal funds leverage money from private sector partners, states, local governments, metropolitan planning organizations, ports and transit agencies. The 2015 TIGER round alone is leveraging $500 million in federal investment to support $1.4 billion in overall transportation investments.

Applications are due April 29, 2016.

 

Tags: