Another round of US surface transportation investment announced

Friday, 16 May 2014 01:44:44 (GMT+3)   |   San Diego
       

US Transportation Secretary Anthony Foxx announced Thursday that applications to the US Department of Transportation for its sixth round of Transportation Investment Generating Economic Recovery (TIGER) grants totaled $9.5 billion, 15 times the $600 million set aside for the program, demonstrating the continued need for transportation investment nationwide.  The Department received 797 eligible applications, compared to 585 in 2013, from 49 states, US territories and the District of Columbia.

The announcement comes weeks after Secretary Foxx unveiled the GROW AMERICA Act, a four-year surface transportation reauthorization bill that would create millions of jobs and lay the groundwork for long-term economic competitiveness.

“These applicants confirm what I saw as I traveled through eight states and 13 cities as part of my Invest in America, Commit to the Future bus tour last month – America is hungry for infrastructure investment,” said Secretary Foxx.  “The continued overwhelming demand for these grants demonstrates that communities want the kind of long-term funding our GROW AMERICA Act provides to build transportation projects across the country.”

The proposed GROW AMERICA Act authorizes $5 billion over four years for much-needed additional TIGER funding to help meet the overwhelming demand for significant infrastructure investments around the country and provide the certainty that states and local governments need to properly plan for investment.

The highly competitive TIGER program, which began as a part of the American Recovery and Reinvestment Act, offers federal funding possibilities for large, game-changing multi-modal projects.  These federal funds leverage money from private sector partners, state, local governments, metropolitan planning organizations and transit agencies.  The $474 million awarded under TIGER 2013 supported $1.8 billion in overall project investments.


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