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USDOT announces $1.5b grant funding opportunity
Investors - FEBRUARY 1, 2022

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USDOT announces $1.5b grant funding opportunity

by Released

The U.S. Department of Transportation (USDOT) has published a Notice of Funding Opportunity (NOFO) for $1.5 billion in grant funding through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) discretionary grant program.

The program helps communities around the country carry out projects with significant local or regional impact.

RAISE discretionary grants, which were originally created under the American Recovery and Reinvestment Act as TIGER grants, can be used for a wide variety of projects.

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