TIGER Funds US$500 Million in Projects

03 Aug 2016 6:03 PM | Anonymous

Original news was published on 01 August, 2016

The U.S. Department of Transportation has allocated nearly US$500 million of funding for innovative infrastructure projects.

The funding was the latest tranche of the Transportation Investment Generating Economic Recover, or TIGER, grant program. The finance will be used for projects in 40 communities across the country.

“The projects funded through TIGER are as diverse as the nation – encompassing urban, rural, and tribal territories alike, and every mode of transportation from highways and bridges to airports and waterways,” said U.S. Transportation Secretary Anthony Foxx.

Some of the largest projects funded in this round include the I-579 Cap Urban Connector Project, which will receive US$19 million to construct a cap over a below-grade portion of Interstate 579; a new inland port in Little Rock, Arkansas which will receive US$6.2 million; and a highway freight interchange in Scott County, Minnesota which will receive US$17.7 million.

*NEWS SOURCE