Wednesday, June 27, 2012

DOT Tiger Grants Released

DOT released $500 million in funding for the FY12 Transportation Investment Generating Economic Recovery (TIGER) Discretionary Grants.  TIGER grants aim to spur a national competition for innovative road, rail, transit and port projects that promise significant economic and environmental benefits to an entire metropolitan area, a region, or the nation.  Each project is multi-modal, multi-jurisdictional or otherwise challenging to fund through existing programs.  In the latest round of grants, 43% of the awarded projects are in the NEMW region, equaling 39% of the total funding.  DOT's release is available here