Regional Infrastructure Accelerator Program
ID: 356875Type: Posted
Overview

Buyer

69A345 Office of the Under Secretary for Policy (DOT-DOT X-50)

Award Range

$1M - $2M

Eligible Applicants

Others

Funding Category

Transportation

Funding Instrument

Cooperative Agreement

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/356875
Timeline
    Description

    The U.S. Department of Transportation (DOT) is offering a Notice of Funding Opportunity for the Regional Infrastructure Accelerator Program (RIA), which provides $10 million in grants aimed at enhancing infrastructure development across the United States. Eligible applicants include U.S. public entities such as state and local governments, regional organizations, and Tribal governments, with each selected RIA potentially receiving between $975,000 and $2 million to accelerate project development through innovative financing strategies. This program is designed to support projects under the Transportation Infrastructure Finance and Innovation Act (TIFIA), emphasizing collaboration, technical assistance, and readiness to address critical issues such as safety, equity, climate resilience, and job quality. Interested applicants must submit their proposals via Grants.gov by January 9, 2025, and can direct inquiries to Carl N. Ringgold at carl.ringgold@dot.gov or by phone at 202-913-3748.

    Point(s) of Contact
    carl.ringgold@dot.gov
    Files
    Title
    Posted
    OST-Bureau-241003-001-OST-C-001.pdf
    The U.S. Department of Transportation (DOT) has issued a Notice of Funding Opportunity for the Regional Infrastructure Accelerator Program (RIA), providing a total of $10 million in grants for FY 2024. Eligible applicants include U.S. public entities like state and local governments, regional organizations, and Tribal governments. Each selected RIA may receive between $975,000 and $2 million, aimed at accelerating project development through innovative financing. The program supports projects under the Transportation Infrastructure Finance and Innovation Act (TIFIA) by enhancing infrastructure planning and financing techniques. Applications must demonstrate the capability to develop infrastructure priorities and provide evidence of support from local stakeholders. Funding will be available for two years, with potential for a third based on performance. The program emphasizes collaboration, technical assistance, and readiness to begin operations. It prioritizes projects that address safety, equity, climate resilience, and job quality. Proposals must detail the geographical focus, project pipeline, and demonstrate partnerships with relevant stakeholders. The application process requires submission via Grants.gov by January 9, 2025, and aims to foster a diverse range of successful bids. Overall, this funding opportunity is part of a broader federal initiative to leverage innovative practices in transportation infrastructure development.
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