Article
Transportation infrastructure funding opportunities with the 2022 RAISE grant
March 25, 2022
The U.S. Department of Transportation has announced $1.5 billion in RAISE grants that are due by April 14, 2022. The program, previously known as TIGER and BUILD, provides funding for a wide range of infrastructure and multimodal transportation projects with the goal of making the transportation system safer, more accessible and more sustainable for people across the country. The $1.5 billion in available funding for 2022 represents a 50 percent increase in available funds compared to last year.
Funding will be split evenly between rural and urban areas. At least $15 million in funding is guaranteed to go towards projects located in Areas of Persistent Poverty or Historically Disadvantaged Communities. RAISE expands the number of communities eligible for 100 percent federal share of funding, specifically those in rural communities, Areas of Persistent Poverty and Historically Disadvantaged Communities. The program reserves $75 million for planning and design projects.
Due to the increase in funding and increased federal share for certain projects, the 2022 RAISE grant is an excellent opportunity for local governments seeking funding for surface transportation projects.
Applications are due by April 14, 2022.
Eligible projects under RAISE
A broad range of surface transportation capital projects are considered under RAISE, with a maximum award amount of $25 million per project. Projects fall into two categories, capital projects and planning projects. Capital projects typically include construction and right-of-way acquisition, but can also include some planning and engineering activities. Planning projects typically include planning, preparation or design of projects and exclude any kind of capital investment in construction or property acquisition.
Examples of projects include:
- Highway, bridge or other road projects