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Feds prep $500M program for transportation tech

September 19, 2022

Via: FCW

The process to award $500 million in federal grants that states and local governments can use to pay for cutting-edge transportation projects is slated to get underway later this month.

Funding for the competitive program, dubbed Strengthening Mobility and Revolutionizing Transportation, or SMART, was included in the $1.2 trillion infrastructure law President Biden signed last year. The law calls for $100 million annually for five years for the grant initiative. States, localities and tribes are among those eligible to apply for the money, as are a handful of other entities like transit agencies, toll authorities and metropolitan planning organizations.

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