Funding: $5,000,000,000
Description: Supports large, complex projects that are difficult to fund by other means and likely to generate national or regional economic, mobility, or safety benefits.
Eligible Recipients: (A) a State or a group of States; (B) a metropolitan planning organization; (C) a unit of local government; (D) a political subdivision of a State; (E) a special purpose district or public authority with a transportation function, including a port authority; (F) a Tribal government or a consortium of Tribal governments; (G) a partnership between Amtrak and 1 or more entities described in subparagraphs (A) through (F); and (H) a group of entities described in any of subparagraphs (A) through (G)
Eligible Uses: Projects eligible under the Megaprojects program include—
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a highway or bridge project carried out on—
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the National Multimodal Freight Network of title 49, United States Code;
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the National Highway Freight Network, United States Code; or
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the National Highway System, United States Code;
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a freight intermodal (including public ports) or freight rail project that provides a public benefit;
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a railway-highway grade separation or elimination project;
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an intercity passenger rail project; and
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certain public transportation projects that are eligible for Federal Transit Administration funding of title 49, United States Code
Deadline for FY22: May 23, 2022
Learn More: Here and here