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Sep 30, 2009

STIMULUS FUNDS * USA - States covet stimulus grants

Cash-strapped states are getting in line for a share of federal stimulus funds to pay for transportation projects

MO,USA -Land Line Magazine, by David Tanner -September 28, 2009: ...The U.S. Department of Transportation announced that all 50 states have applied for a share of $1.5 billion in grants under the Transportation Investment Generating Economic Recovery, or TIGER, program... States have submitted 1,400 projects so far that would total $57 billion. Approximately half of the projects are highways or bridges with the rest focusing on transit, railroad, port infrastructure or multimodal applications, DOT officials announced. Preference will be given to innovative projects, Transportation Secretary, Ray LaHood, stated... The U.S. DOT will announce the winners of the federal stimulus grants in January or February. The TIGER grant program is part of the American Recovery and Reinvestment Act approved by Congress and the Obama administration earlier this year... (Photo from credit : stimulus funds to be put to work)

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