FY 2024 National Infrastructure Investments
The summary for the FY 2024 National Infrastructure Investments grant is detailed below.
This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants.
Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact.
If any section is incomplete, please visit the website for the 69A345 Office of the Under Secretary for Policy, which is the U.S. government agency offering this grant.
FY 2024 National Infrastructure Investments: The Infrastructure Investment and Jobs Act of 2021 (“Bipartisan Infrastructure Law,” or “BIL” ) authorized and appropriated $1.5 billion to be awarded by the Department of Transportation (“DOT”) for Local and Regional Project Assistance Program Grants under National Infrastructure Investments. This Notice of Funding Opportunity (NOFO) solicits applications for projects funded under the Local and Regional Project Assistance Program, known as the RAISE Grants program. If the FY 2024 Appropriations Act provides additional funding for the RAISE grants program and/or significantly different requirements for National Infrastructure Investment funds, the Department will amend this Notice with guidance on additional requirements.As with previous rounds, funds for the FY 2024 RAISE Transportation program are to be awarded on a competitive basis for projects that will have a significant local or regional impact.The BIL mandates that DOT will award at least five percent of available funds, ($75 million of the $1.5 billion) for the planning, preparation or design of eligible projects.The BIL specifies that not more than 50 percent of funds can be spent on projects located in a rural area with a population equal to or less than 200,000 and not more than 50 percent of funds can be spent on projects located in an urbanized area with a population of more than 200,000. Pursuant to the BIL, no more than 15 percent of the funds made available for RAISE Transportation Discretionary Grants (or $225 million) may be awarded to projects in a single State. Further, pursuant to the BIL, DOT must take measures to ensure an equitable geographic distribution of grant funds, an appropriate balance in addressing the needs of urban and rural areas, and investment in a variety of transportation modes. The BIL, requires that FY 2024 RAISE funds are only available for obligation through September 30, 2028. All RAISE funds must be expended by September 30, 2033. As part of the review and selection process described in the Notice of Funding Opportunity, DOT will consider whether a project is ready to proceed with an obligation of grant funds from DOT within the statutory time provided. Under the BIL, no waiver is possible for these deadlines. The BIL allows for up to 20 percent of available funds (or $300 million) to be used by the Department to pay the subsidy and administrative costs for a project receiving credit assistance under the Transportation Infrastructure Finance and Innovation Act of 1998 (“TIFIA”) program, if it would further the purposes of the RAISE Transportation Discretionary Grant program. Recipients of prior RAISE, BUILD or TIGER Discretionary Grants may apply for funding to support additional phases of a project awarded funds in earlier rounds of this program. However, to be competitive, the applicant should demonstrate the extent to which the previously funded project phase has been able to meet estimated project schedules and budget, as well as the ability to realize the benefits expected for the project. DOT expects that each RAISE Transportation Discretionary Grant will be administered by one of the relevant modal administrations, pursuant to a grant agreement between the RAISE Transportation Discretionary Grant recipient and the relevant modal administration.The BIL specifies that RAISE Transportation Discretionary Grants may not be less than $5 million and not greater than $25 million, except that for projects located in rural areas the minimum RAISE Transportation Discretionary Grant size is $1 million. There is no minimum award size for planning projects.
Federal Grant Title: | FY 2024 National Infrastructure Investments |
Federal Agency Name: | 69A345 Office of the Under Secretary for Policy (DOT-DOT X-50) |
Grant Categories: | Transportation |
Type of Opportunity: | Discretionary |
Funding Opportunity Number: | DTOS59-24-RA-RAISE |
Type of Funding: | Grant |
CFDA Numbers: | 20.933 |
CFDA Descriptions: | Information not provided |
Current Application Deadline: | February 28th, 2024 |
Original Application Deadline: | February 28th, 2024 |
Posted Date: | November 30th, 2023 |
Creation Date: | November 30th, 2023 |
Archive Date: | March 29th, 2024 |
Total Program Funding: | $1,500,000,000 |
Maximum Federal Grant Award: | $25,000,000 |
Minimum Federal Grant Award: | $0 |
Expected Number of Awards: | 150 |
Cost Sharing or Matching: | Yes |
Last Updated: | December 7th, 2023 |
- Applicants Eligible for this Grant
- Others (see text field entitled "Additional Information on Eligibility" for clarification.)
- Additional Information on Eligibility
- Additional Information on Eligibility: Eligible Applicants for RAISE Transportation Discretionary Grants are States and the District of Columbia; any territory or possession of the United States; a unit of local government; a public agency or publicly chartered authority established by 1 or more States; a special purpose district or public authority with a transportation function, including a port authority; a Federally recognized Indian Tribe or a consortium of such Indian Tribes; a transit agency; and a multi-State or multijurisdictional group of entities. Multiple States or jurisdictions may submit a joint application and must identify a lead applicant as the primary point of contact. Each project party in a joint application must be an Eligible Applicant. Joint applications must include a description of the roles and responsibilities of each project party and must be signed by each project party.
- Link to Full Grant Announcement
- RAISE Transportation Discretionary Grant Program
- Grant Announcement Contact
- Andrea Jacobson
RAISE Program Manager
Program Manager - Similar Government Grants
- • FY 2023 National Infrastructure Investments
- • FY 2022 National Infrastructure Investments
- • FY 2021 National Infrastructure Investments
- • FY 2020 National Infrastructure Investments
- • FY 2019 National Infrastructure Investments
- • FY 2011 National Infrastructure Investments
- • FY 2012 National Infrastructure Investments
- • FY 2013 National Infrastructure Investments
- More Grants from the 69A345 Office of the Under Secretary for Policy
- • Rural Surface Transportation Grant Progam
- • INFRA Grants
- • Mega Grants
- • Innovative Finance and Asset Concessions Grant Program
- • Safe Streets and Roads for All Funding Opportunity