Maritime Administration Announces $488.6 Million in Port Infrastructure Grants
The funding is intended to support projects that improve cargo handling, streamline supply chain movements and modernize port infrastructure and operations. Projects supporting seafood and seafood-related businesses are also eligible.
Transportation Secretary Sean P. Duffy said the funding is aimed at strengthening U.S. maritime capabilities and improving port infrastructure.
The PIDP is intended to modernize U.S. ports and improve freight movement, with the goal of reducing shipping times and costs. The United States has more than 300 ports operated by state, county and municipal governments as well as private entities.
The current funding round includes updated evaluation criteria that prioritize projects in Qualified Opportunity Zones, projects that incorporate innovative technology and projects that support national multimodal freight goals.
Approximately $122 million will be reserved for small projects at small ports. Eligible applicants include port authorities, states, local governments, Tribal nations, counties and other entities.
Applications must be submitted by June 27. The Notice of Funding Opportunity outlines the application criteria.
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