Regional Infrastructure Accelerator Program - NOFO Reissuance
ID: 358865Type: 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/358865
Timeline
    Description

    The Department of Transportation's Build America Bureau is inviting applications for the Regional Infrastructure Accelerator Program, offering $20 million in cooperative agreements to eligible U.S. public entities. The program aims to enhance local infrastructure project delivery through innovative financing strategies under the Transportation Infrastructure Finance and Innovation Act (TIFIA), supporting activities such as project planning, feasibility studies, and regulatory compliance analysis. Awards will range from $975,000 to $2 million, with applications due by June 16, 2025, and a focus on fostering strong partnerships and innovative project bundles. Interested applicants can reach out to Carl N Ringgold at ria@dot.gov for further information.

    Point(s) of Contact
    ria@dot.gov
    Files
    Title
    Posted
    RIAFY24NOFO.pdf
    The Department of Transportation's Build America Bureau has issued a Notice of Funding Opportunity (NOFO) for the Regional Infrastructure Accelerator Program for FY 2024, offering $20 million in cooperative agreements to U.S. public entities. The program aims to enhance local infrastructure project delivery through innovative financing strategies under the Transportation Infrastructure Finance and Innovation Act (TIFIA). Eligible applicants include state, municipal, and Tribal governments, with a focus on new applicants. The awards will range from $975,000 to $2 million, depending on the proposed projects' needs. Key activities supported by the funding include project planning, feasibility studies, and regulatory compliance analysis. Applications are due within 30 days of the NOFO release, and applicants must comply with federal registration requirements. The Bureau emphasizes the importance of strong partnerships and innovative project bundles while also outlining the review process for applications, which considers criteria such as experience, partnerships, and project viability. The program ultimately aims to create sustainable infrastructure solutions and improve transportation networks across varied geographic regions. Award decisions will be made after a thorough review of all submissions, ensuring compliance with federal laws and effective project execution.
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