U.S. DOT announces availability of port infrastructure grants
The U.S. Department of Transportation (DOT) today announced a Notice of Funding Opportunity (NOFO) to apply for $225 million in discretionary grant funding through the Port Infrastructure Development Program (PIDP).
“America’s ports are a critical part of the Nation’s multimodal transportation network and this Notice of Funding Opportunity provides guidance on how to apply for these grants,” said U.S. Transportation Secretary Elaine L. Chao.
The Port Infrastructure Development Program supports U.S. ports by improving the safety, efficiency, or reliability of goods movement into, out of, or within a port. Investments in port infrastructure will be awarded on a competitive basis for projects within or outside of and directly related to operations of coastal seaports, inland river ports, and Great Lakes ports.
The Further Consolidated Appropriations Act of 2020 made available $225 million for the Port Infrastructure Development Program, with $200 million reserved for grants to coastal seaports and Great Lakes ports. The minimum award size is $1 million, with a federal cost share not to exceed 80 percent.