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The program has been known as RAISE since 2021, and has awarded 90 projects across 47 states plus the District of Columbia and Guam in 2021, 166 projects across 50 states and various territories in 2022, and 162 projects across 50 states and various territories in 2023. [11] In 2023, the program received $2.2 billion in federal funding. [12]
So far, as announced in December, $372 million of funding from the Federal Multimodal Project Discretionary Grant program, had been secured for the bridges. More funds are anticipated, though.
The RAISE Discretionary Grant program, managed by the DOT supports various infrastructure projects, including road, rail, transit, and port developments that align with national goals.
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.
The United States Department of Transportation (USDOT or DOT) is one of the executive departments of the U.S. federal government. It is headed by the secretary of transportation , who reports directly to the president of the United States and is a member of the president's Cabinet .
The USDOT on July 9 announced a $30 million Low and No Emission grant for El Paso's Mass Transit Department. The funds will allow Sun Metro to purchase new compressed natural gas buses and install ...
The Build America Bureau has managed the program since 2015, maintaining a greater role in its oversight due to more recent transportation reauthorization bills expanding project eligibility. Through 98 projects from the act's passage to the 2022 fiscal year, TIFIA has aided in the commitment of $37.3 billion in loans.
Across-the-Board Spending Cuts, a package of three separate bills that would require federal agencies to cut non-security discretionary spending by 1%, 2%, or 5%, beginning in fiscal year 2026.