The U.S. Department of Transportation (USDOT) said recently that it will set aside $500 million for an eighth round of Transportation Investment Generating Economic Recovery (TIGER) competitive grants for transportation infrastructure projects throughout the U.S.
The purpose of the discretionary grants is to finance capital investments to improve U.S. surface transportation infrastructure. The grants will be allocated through a competitive process, as the projects must qualify by being capable of having a significant effect on the nation, a region or a metropolitan area.
The program focuses on capital projects to spur economic development and improve access to reliable, safe and affordable transportation in urban and rural areas.
“The TIGER program funds vital transportation projects that provide real benefits to communities all across the country,” Transportation Secretary Anthony Foxx said. “Every year, we see hundreds of compelling applications that have the potential to improve people's access to economic opportunities, make people safer and improve their well-being. I am proud that for seven rounds, TIGER has been able to make a valuable contribution to improving our nation’s transportation infrastructure, and I look forward to this year’s competition.”