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LaHood announces $527 million in funding for third round in TIGER grant program
Posted By Equipment World Staff On June 30, 2011 @ 3:13 pm In Construction News | No Comments
U.S. Transportation Secretary Ray LaHood on June 30 announced that $527 million will be available for a third round of the TIGER (Transportation Investment Generating Economic Recovery) competitive grant program, which funds innovative transportation projects that will create jobs and have a significant impact on the nation, a region or a metropolitan area.
“Through the TIGER program, we can build transportation projects that are critical to America’s economic success and help complete those that might not move forward without this infusion of funding,” said Secretary LaHood. “This competition empowers local communities to create jobs and build the transportation networks they need in order to win the future.”
In the FY11 budget President Obama signed in April, $527 million was directed to the Department of Transportation for critical investments in the nation’s transportation infrastructure. States, cities, local governments, and other partnerships and groups will have until this fall to prepare their applications for the popular TIGER program, which has funded high-impact projects including roads, bridges, freight rail, transit buses and streetcars, ports, and bicycle and pedestrian paths.
The previous two rounds of the TIGER grant program provided $2.1 billion to 126 transportation projects in all 50 states and the District of Columbia. Demand for the program has been overwhelming, and during the previous two rounds, the Department of Transportation received more than 2,500 applications requesting more than $79 billion for transportation projects across the country.
Projects will be selected based on their ability to contribute to the long-term economic competitiveness of the nation, improve the condition of existing transportation facilities and systems, improve energy efficiency and reducing greenhouse gas emissions, improve the safety of U.S. transportation facilities and improve the quality of living and working environments of communities through increased transportation choices and connections. The Department will also focus on projects that are expected to quickly create and preserve jobs and spur rapid increases in economic activity.
For more information on the TIGER program, go to http://www.dot.gov/tiger/ .
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