On Thursday, the U.S. Department of Transportation (DOT) announced that $527 million will be available for the third round of the highly successful TIGER (Transportation Investment Generating Economic Recovery) competitive grant program. TIGER grants fund innovative transportation projects that create jobs and have a significant impact on the nation, a region or a metropolitan area.
For this round of grants, projects will be selected based on their ability to contribute to the long-term economic competitiveness of the nation, improve the condition of existing transportation facilities and systems, improve energy efficiency and reducing greenhouse gas emissions, improve the safety of U.S. transportation facilities and improve the quality of living and working environments of communities through increased transportation choices and connections. DOT will also focus on projects that are expected to quickly create and preserve jobs and spur rapid increases in economic activity.