
Funded Amount: $1,500,000,000
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Agency: Office of the Secretary of Transportation
Description: Under this new program, grants are awarded for transportation projects (including highway, transit, rail and ports) that will contribute to near-term economic recovery and job creation, maximization of long-term economic benefits and impacts on the Nation, a region, or a metropolitan area, and assistance for those most affected by the current economic downturn. DOT will determine how to allocate funds among projects and across modes based on the selection criteria described in the solicitation.
Benefits to Public: Depending on the projects selected for funding, public benefits are expected to include: (1) improved condition of existing transportation facilities and systems; (2) long-term growth in employment, production or other high-value economic activity; (3) improved livability of communities; (4) improved energy efficiency, reduced dependence on oil and reduced greenhouse gas emissions; (5) reduced adverse impacts of transportation on the natural environment; (6) reduced number, rate and consequences of surface transportation-related crashes, injuries and fatalities; (7) greater use of innovative technology and innovative approaches; (8) greater collaboration among traditional and non-traditional stakeholders; or (9) greater integration of transportation decision making with decision making by other public agencies.
Beneficiaries: Citizens
Who Select the Projects: USDOT
Read program details in its entirity.
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