As part of a grant associated with the U.S. Department of Transportation’s infrastructure for the reconstruction program, the agency will first take out some of that program’s $ 889 million budget for projects addressing climate change and environmental justice.
The projects will be evaluated as to whether they were planned as part of a broader strategy to address climate change, or whether they support strategies to reduce greenhouse gas emissions such as zero-emission-vehicle infrastructure Deploying the structure or encouraging a change in mode of transport or vehicle miles. Travel, the agency said in an announcement.
In a statement, Secretary Pete Buttig said, “As we work to recover from this devastating epidemic and become stronger than ever, now is the time to make a permanent investment in our nation’s infrastructure.” “We are not only committed to rebuilding our crumbling infrastructure, but building in a way that deploys American communities for future success – creating good-paying jobs, boosting the economy, equity Ensuring and dealing with our climate crisis. The infra grant program is a tremendous opportunity to help achieve these goals.
According to the agency’s announcement, racial equity will also be considered. Equity-focused community outreach and requirements with projects designed to benefit communities in need, as well as projects that are located in an opportunity, empowerment or promising area or choice neighborhood.
The new programs show how quickly federal dollars can be made available to startups looking at electrification and further strengthen the tailwinds already advancing the electric vehicle industry – and its attendant charge networks. Huh.
According to the DOT, large infrastructure projects may receive grants of $ 25 million or more, while smaller projects must have grant requirements that meet the minimum threshold of $ 5 million.
Eligible project costs may include: reconstruction, rehabilitation, acquisition of property (including land and land improvements related to the project), environmental mitigation, construction contingency, equipment acquisition, and operational improvements directly related to system performance.
Application opportunities open from Friday 19 March.