US Department of Transport has received 585 applications under the Transportation Investment Generating Economic Recovery (TIGER) grant program. The total value of the submitted application is USD 9.3 billion, over 18 times more than the USD 500 million that will be awarded.
“Communities across the country know that if we want a strong, multimodal transportation system that will meet our needs in the future, we need to make meaningful investments today. As we have seen year after year, there are far more worthy projects than we can fund through TIGER, demonstrating the need for a serious, long-term investment in transportation funding,” Transportation Secretary Anthony Foxx said.
Like the first seven rounds, 2016 TIGER discretionary grants will fund capital investments in surface transportation infrastructure and will be awarded on a competitive basis for projects that will have a significant impact on the nation, a metropolitan area, or a region.
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