DOT Revamps FASTLANE Grant Program

The U.S. Department of Transportation has reworked a grant program to focus on freight-related infrastructure projects that receive some funding from the private sector and other non-federal sources.

Fostering Advancements in Shipping and Transportation for the Long-Term Achievement of National Efficiencies, better known as FASTLANE, has been renamed Infrastructure for Rebuilding America and will make $1.5 billion available for infrastructure projects.

In a news release, DOT said the grant guidelines have been revised to “evaluate projects to align them with national and regional economic vitality goals and to leverage additional non-federal funding.”

INFRA grants will also be used for safety-oriented projects.

For a large project, the INFRA grant must be at least $25 million. For a small project, the grant must be at least $5 million. For each fiscal year of INFRA funds, 10 percent of available funds are reserved for small projects and at least 25 percent of funding will go toward rural projects.

The FASTLANE program was authorized under the Fixing America’s Surface Transportation Act to provide competitive grants or credit assistance to nationally and regionally significant freight and highway projects.

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