What are the objectives of the TIGER Grants Program?
The objectives of the American Recovery and Reinvestment Act of 2009 (the “Recovery Act”) include preserving and creating jobs, promoting economic recovery and investing in transportation infrastructure that will provide long-term economic benefits. Title XII of the Recovery Act appropriates $1.5 billion, available through September 30, 2011, for Supplementary Discretionary Grants for a National Surface Transportation System. These grants are to be awarded to State and local governments or transit agencies on a competitive basis for capital investments in surface transportation projects that will have a significant impact on the Nation, a metropolitan are or a region. The U.S. Department of Transportation (“DOT”) is calling these Supplementary Discretionary Grants for a National Transportation System “TIGER Grants” (Transportation Investment Generating Economic Recovery).
