|New Funding Opportunities for Seaports
- There are new opportunities for ports and transportation entities for funding. Here is a quick snapshot:
Port Infrastructure Development Program provides a total of $92,730,000, to remain available until expended. MARAD is directed to provide grants for infrastructure improvement projects for the 15 coastal seaports that handled the greatest number of loaded twenty-foot equivalent units (TEUs) of foreign and domestic containerized cargo in 2016. Application Deadline: September 16, 2019. Read More.
- The Maritime Administration has announced the availability of $7 million in federal grant funds for Marine Highway Projects. America’s Marine Highway Program, a U.S. Department of Transportation-led and AAPA-supported program, was designed to integrate marine highway services and ports into the nation’s surface transportation system. Application deadline is incorrect on the Federal Register, but will be updated in the next few days. Read More.
- In the Build Grant, $900 million is available to be awarded for investments in surface transportation infrastructure. There should be a 50-50 split between rural and urban grants. The maximum grant size is $25 million. For a project in a rural area, the minimum grant award is $1 million; in non-rural areas the minimum grant award is $5 million. There is no minimum award size for planning grants. Selection criteria encompass safety, economic competitiveness, quality of life, state of good repair, innovation and partnerships with a broad range of stakeholders. Application Deadline: July 15, 2019. Read More.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063