47 projects receive TIGER funding
The federal funds are being leveraged with money from private sector partners, states, local governments, metropolitan planning organizations and transit agencies.
Forty-seven transportation projects in 34 states and the District of Columbia will receive a total of almost $500 million from the U.S. Department of Transportation’s (U.S. DOT) TIGER (Transportation Investment Generating Economic Recovery) 2012 program.
The TIGER program is a highly competitive program that is able to fund innovative projects difficult or impossible to fund through other federal programs. In many cases, these grants will serve as the final piece of funding for infrastructure investments totaling $1.7 billion in overall project costs.
The federal funds are being leveraged with money from private sector partners, states, local governments, metropolitan planning organizations and transit agencies.
TIGER has enjoyed overwhelming demand since its creation, a trend continued by TIGER 2012. Applications for this most recent round of grants totaled $10.2 billion, far exceeding the $500 million set aside for the program. In all, the U.S. DOT received 703 applications from all 50 states, U.S. territories and the District of Columbia.
The grants will fund a wide range of innovative transportation projects in urban and rural areas across the country:
• Of the $500 million in TIGER 2012 funds available for grants, more than $120 million will go to critical projects in rural areas.
• Roughly 35% of the funding will go to road and bridge projects, including more than $30 million for the replacement of rural roads and bridges that need improvements to address safety and state of good repair deficiencies.
• Sixteen percent of the funding will support transit projects like the Wave Streetcar Project in Fort Lauderdale, Fla.
• Thirteen percent of the funding will support high-speed and intercity passenger rail projects, like the Raleigh Union Station Project in N.C.
• Twelve percent will go to freight rail projects, including elements of the CREATE (Chicago Region Environmental and Transportation Efficiency) program to reduce freight rail congestion in Chicago.
• Twelve percent will go to multimodal, bicycle and pedestrian projects like the Main Street to Main Street Multimodal Corridor project connecting Memphis and West Memphis Tenn.
• 12 percent will help build port projects like the Outer Harbor Intermodal Terminal at the Port of Oakland.
• Three grants were also directed to tribal governments to create jobs and address critical transportation needs in Indian country.
Over the next six months, 27 projects are expected to break ground from the previous three rounds of TIGER. In addition, work is under way on 64 capital projects across the country.
Under all four rounds combined, the TIGER program has provided $3.1 billion to 218 projects in all 50 states, the District of Columbia and Puerto Rico. Demand for the program has been overwhelming, and during all four rounds, the U.S. DOT received more than 4,050 applications requesting more than $105.2 billion for transportation projects across the country.
The fiscal year 2013 appropriations bill currently under consideration in the U.S. Senate provides $500 million for a future round of TIGER grants.
For the full list of winners, click here.
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