Logistics Management | By Jeff Berman
The United States Department of Transportation (DOT) recently announced it published a Notice of Funding Opportunity (NOFO) for $1.5 billion in grants through its 2023 Rebuilding American Infrastructure with Sustainable and Equity (RAISE) discretionary grant program.
According to DOT, the objective of RAISE is to help United States communities carry out projects with significant local or regional impact, with the grants helping project sponsors at the state and local level, including municipalities, Tribal governments, counties, and others complete critical freight and passenger transportation infrastructure projects. And it added that RAISE’s eligibility requirements allow project sponsors to obtain funding for projects that are harder to support through other U.S. DOT grant programs.
Read more here.