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The U.S. Department of Transportation (USDOT) yesterday announced it is seeking applicants for the fiscal-year 2021 round of the Infrastructure for Rebuilding America (INFRA) discretionary grant program. Funding available for the FY2021 grants is $889 million.
INFRA grants will fund transportation projects of national and regional significance that are in line with the Biden administration's priorities, including creating good-paying jobs, improving safety, applying transformative technology and explicitly addressing climate change and racial equity, USDOT officials said in a press release.
The USDOT will issue awards under the program to large and small projects. For a large project, the INFRA grant must be at least $25 million; for a small project, the grant must be at least $5 million.
The department will focus specifically on projects in which the local sponsor is significantly invested and positioned to proceed rapidly to construction.
In addition, the INFRA FY2021 notice announces the creation of the INFRA Extra Program, which will identify competitive applicants who do not receive an INFRA award and authorize them to seek a Transportation Infrastructure Finance and Innovation Act of 1998 (TIFIA) loan for up to 49 percent of their project cost.
The INFRA notice of funding opportunity will remain open through March 19.