You are here: Home > Steel News > Latest Steel News > US...

US Transportation Secretary announces $500 million in transportation infrastructure funds

Tuesday, 23 February 2016 23:28:02 (GMT+3)   |   San Diego
       
The US Transportation Secretary Anthony Foxx today announced $500 million will be made available for transportation projects across the country under an eighth round of the Transportation Investment Generating Economic Recovery (TIGER) competitive grant program.

“The TIGER program funds vital transportation projects that provide real benefits to communities all across the country.  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.” said Secretary Foxx. “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.”

Like the first seven rounds, FY 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.

Since 2009, TIGER has provided nearly $4.6 billion to 381 projects in all 50 states, the District of Columbia and Puerto Rico, including 134 projects to support rural and tribal communities.  Demand has been overwhelming, and during the previous seven rounds, the Department received more than 6,700 applications requesting more than $134 billion for transportation projects across the country.

Similar articles

US steel industry opposes mass timber use in federal buildings

21 May | Steel News

US new home sales up 8.8 percent in March

23 Apr | Steel News

US residential building permits, housing starts and completions decline in March

16 Apr | Steel News

US construction industry adds 39,000 jobs in March

05 Apr | Steel News

US construction spending down 0.3 percent in February

01 Apr | Steel News

US new home sales down 0.3 percent in February

25 Mar | Steel News

US residential building permits, housing starts and completions all rise in February

19 Mar | Steel News

US construction sector adds 23,000 jobs in February

08 Mar | Steel News

US construction spending down 0.2 percent in January

01 Mar | Steel News

US new home sales up 1.5 percent in January

26 Feb | Steel News