The document provides guidance for the RAISE FY 2025 Program application process, including essential instructions for completing and submitting the Application for Federal Assistance (SF-424). It outlines the eligibility requirements, application components, and submission deadlines, which are set for January 30, 2025, at 11:59:59 PM Eastern. Key requirements include completing the RAISE Project Information Form in Excel format and attaching the necessary documentation, ensuring applications are not submitted with scanned copies unless specified.
The document specifies required fields and format specifications, emphasizing that all files must be attached for a complete submission. Clear directions for entering applicant information, type of application, federal identifiers, and project details are provided. Additionally, it guides applicants on reporting funding sources and project locations.
Overall, the purpose of the document is to ensure that applicants have a clear understanding of the submission requirements and protocols for federal grants under the RAISE program, facilitating a streamlined application process for infrastructure investment projects.
The FY 2025 Notice of Funding Opportunity for the Rebuilding American Infrastructure with Sustainability and Equity Grant Program outlines the availability of $1.5 billion to support surface transportation infrastructure projects through two application rounds. Round 1 prioritizes highly rated projects from FY 2024 not funded, designated as Projects of Merit, where applicants must notify DOT for consideration. Round 2 opens to all eligible entities, with a submission deadline of January 30, 2025.
Eligible applicants include states, local governments, transit agencies, and federally recognized tribes. Key requirements include minimum funding requests, cost-sharing standards varying by region, and stipulations on previous grant recipients. Projects should benefit from clearly defined performance goals related to safety, climate sustainability, and community equity, echoing executive orders aimed at enhancing environmental justice.
The program aims to balance funding between urban and rural projects, with restrictions ensuring a minimum allocation to disadvantaged communities. Application evaluation will focus on merit criteria and project readiness. This initiative seeks to advance significant local impact projects that align with broader goals of equity, sustainability, and economic development while adhering to strict compliance and oversight guidelines.