The U.S. Department of Transportation’s (USDOT) Build America Bureau is soliciting applications for $850 million in Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grants.
The FASTLANE program provides funding for projects that address critical freight issues facing our nation’s highways and bridges. It is also in line with the USDOT’s draft National Freight Strategic Plan released in October 2015, which looks at challenges and identifies strategies to address impediments to the efficient flow of goods throughout the nation.
“Across the country, there are sidelined projects that are essential to America’s cities and our transportation network, and leveraging a FASTLANE grant from the Build America Bureau can move many of these projects forward,” said U.S. Transportation Secretary Anthony Foxx. “FASTLANE grants give us an opportunity to identify and invest strategically in those projects that are critical to keeping our nation’s economic engine running.”
In September, USDOT announced the selection of 18 projects to receive $759 million in FASTLANE funding, leveraging $3.6 billion in funding from other federal, state, local and private sources. In the first call for FASTLANE grants, USDOT received 212 applications totaling nearly $9.8 billion for grants, 13 times more funding than was available through FASTLANE.
The deadline for submitting applications is 8:00 p.m. on December 15, 2016