The U.S. Department of Transportation (DOT) last Wednesday issued a notice for $1 billion in discretionary grant funding this year through the Better Utilizing Investments to Leverage Development (BUILD) discretionary grants program, according to a DOT press release.
“BUILD grants will upgrade infrastructure across America, making our transportation systems safer and more efficient,” said U.S. Transportation Secretary Elaine L. Chao. DOT intends to award 50% of BUILD Transportation grant funding to projects located in rural areas.
For this round of BUILD Transportation grants, the maximum grant award is $25 million, and no more than $100 million can be awarded to a single State, as specified in the appropriations act.
As the Trump Administration looks to enhance America’s infrastructure, FY 2020 BUILD Transportation grants are for planning and capital investments in surface transportation infrastructure. BUILD funding can support roads, bridges, transit, rail, ports or intermodal transportation.
This is the second round of BUILD grants announced since November. The previous round, reported in November 2019, provided $900 million in grants.
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