FY 2024 National Infrastructure Investments
Posted by 69A345 Office of the Under Secretary for Policy
Opportunity snapshot. This Grants.gov announcement — FY 2024 National Infrastructure Investments — is cataloged under number DTOS59-24-RA-RAISE and tied to CFDA assistance listing 20.933, posted by 69A345 Office of the Under Secretary for Policy. Grants.gov currently shows the opportunity as closed, first posted on November 30, 2023 and last updated on February 23, 2024. The funding category is Discretionary, delivered as a grant.
Award economics. The award range on file is Up to $25,000,000. The agency has projected $1.5 billion in total estimated funding for this announcement. It expects to issue 150 awards. If the agency funds the expected 150 awards from the $1.5 billion estimated pool, the average award works out to roughly $10.0 million. Cost sharing or matching funds are required, meaning applicants must contribute a portion of the project budget from non-federal sources — factor this into your financial plan before drafting the proposal. Federal award ranges are often upper bounds; actual allocations reflect program appropriations, the strength of the applicant pool, and the evaluation committee's scoring.
Deadline and action path. This opportunity closed on February 28, 2024. Future funding cycles may be published under the same CFDA number, so monitoring the parent program page is the most reliable way to catch re-announcements. Every Grants.gov submission requires an active SAM.gov registration and a Unique Entity ID. Review the Eligibility section below carefully — federal eligibility categories (nonprofit, state or local government, tribal, individual, educational institution, small business) have distinct registration and reporting requirements. Pre-application outreach to the listed agency contact is permitted and often welcomed — it helps clarify scope and scoring priorities.
Award Range
Up to $25,000,000
Close Date
February 28, 2024
Posted
November 30, 2023
Est. Total Funding
$1,500,000,000
Expected Awards
150
Instrument
Grant
Cost Sharing
Required
Description
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.
Eligibility
25
Official Listing on Grants.gov
View full details, application forms, and submission instructions.
Parent Grant Program
RAISE (Rebuilding American Infrastructure with Sustainability and Equity)
U.S. Department of Transportation
Agency Contact
Andrea Jacobson <br/>RAISE Program Manager
Key Dates
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Disclaimer: This information is sourced from Grants.gov and SAM.gov and is for informational purposes only. Opportunity details, deadlines, and eligibility requirements change frequently. Always verify current information directly on Grants.gov before applying. PlainGrants is not affiliated with any federal agency.
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