Kickoff for the 2023 funding and grant season is here. Here’s what you need to know to find and fund your project.
Safe, efficient transportation is a top priority of the United States, with the current administration passing legislation allocating millions for projects that improve traffic flow, serve underserved communities, focus on green or sustainable technology, and modernize our crumbling infrastructure.
Primary source of funding
The Bipartisan Infrastructure Law (BIL) – also known as the Infrastructure Investment and Jobs or IIJA – allocates funds to the gamut of infrastructure projects from water to air to transportation, including:
- roads, bridges, and major projects
- passenger and freight rail
- highway and pedestrian safety
- public transit
To distribute these funds, the BIL money has been divvied up between a variety of grants that make it easier for you to align your needs with available funds.
Our 3 favorite funds
There are many opportunities worth pursuing, some obvious and some not so much, to help fund your transportation-related project, such as signal coordination, pedestrian safety, or CV applications. Our three favorites are listed below, including the RAISE grant – accepting applications through Feb 28 – with others coming online soon!
Rebuilding American Infrastructure with Sustainability and Equity
- Discretionary grant
- $1.5 billion for 2023
- Qualifying projects will have a significant local or regional impact
Strengthening Mobility and Revolutionizing Transportation
- $100 million a year for 5 years with continuation
- Focused on projects promoting advanced smart community technologies and systems
Advanced Transportation Technology and Innovation
- Up to $60 million a year for 5 years
- Projects that deploy, install, and operate advanced transportation technologies
The 2023 Notice of Funding Opportunities (NOFOs) for the SMART and ATTAIN grants are expected in summer with applications due in Fall.
4 ways to prepare
Whether you’re planning to apply for RAISE grants next month or looking to jump start your future application, here are a couple of steps you can take to get prepared.
- Track funding opportunities on the USDOT website
- Align plans with program goals
- Identify potential partners
- Tell a story
Want to learn more?
Join us for a deeper discussion about funding types and available programs, as well as useful tools and resources for funding your project.
I ❤️ Funding webinar
Tuesday, February 14, 2023
Additional resources are also available on our website or feel free to give us a call. We are here to help, and no project is won alone. Identifying and working with partners is essential to winning and delivering impactful projects.