Press release from the U.S. Department of Transportation
The FASTLANE program provides dedicated, discretionary funding for projects that address critical freight issues facing our nation’s highways and bridges. It is also in line with the Department’s draft National Freight Strategic Plan released in October 2015, which looks at challenges and identifies strategies to address impediments to the efficient flow of goods throughout the nation.
U.S. Transportation Secretary Anthony Foxx today announced that the U.S. Department of Transportation’s Build America Bureau is now soliciting applications for up to $850 million in Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grants.
The FASTLANE program was established in the Fixing America’s Surface Transportation (FAST) Act to fund critical freight and highway projects across the country. The FAST Act authorized the program at $4.5 billion for fiscal years (FY) 2016 through 2020, including $850 million for FY 2017 to be awarded by the Secretary of Transportation.
The deadline for submitting applications is 8:00PM on December 15, 2016. The Department of Transportation will review all eligible applications submitted at www.grants.gov.