John Gallagher | April 13, 2021
The U.S. Department of Transportation (DOT) is laying out $1 billion in the latest round of a competitive grant program that began in 2009 for freight projects.
DOT published on Tuesday a Notice of Funding Opportunity to apply for money through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grants, a renaming of what had been called “BUILD” grants under the Trump administration and “TIGER” grants under the Obama administration.
Coalition for America’s Gateways and Trade Corridors (CAGTC), which lobbies on behalf of state DOTs, ports and freight corridors, sees the competitive grants as important for freight projects that do not fit into traditional public funding through formula transportation programs.
“There is a gap in terms of how freight projects can be addressed, and this grant funding allows project planners to address those needs for multimodal projects,” CAGTC President Leslie Blakey told FreightWaves.
Read more here.