Funding

PSRC helps communities secure federal funding for transportation projects.

Bipartisan Infrastructure Law (BIL)

The Bipartisan Infrastructure Law (also referred to as the Infrastructure Investment and Jobs Act or IIJA) is the current federal transportation bill. It continues or expands the core funding programs authorized under the FAST Act, while also establishing several new programs for transportation, broadband, drinking water, energy and the environment. Funding is authorized through 2026.

PSRC BIL Resources

What's New?

  • 9/28/23: Large Bridge Projects NOFOThe Federal Highway Administration (FHWA) has issued a first-ever rolling Notice of Funding Opportunity (NOFO) for up to $9.62 billion in FYs 2023 through 2026 Large Bridge Project grant applications under the Bridge Investment Program. Large Bridge Project Grants are available for bridges with total eligible project costs over $100 million, with minimum grant awards of $50 million, and maximum grant awards of 50 percent of the total eligible project costs.  More information is available. Apply by November 27, 2023 for consideration of FYs 2023 and 2024 funds, August 1, 2024 for consideration of FY 2025 funds, and August 1, 2025 for consideration of FY 2026 funds.
  • 9/25/23: Pathways to Removing Obstacles to Housing (PRO Housing) NOFO. U.S. Department of Housing and Urban Development (HUD) will provide $85 million in competitive grant funding for communities across the country to identify and remove barriers to affordable housing production and preservation. Communities who are actively taking steps to remove barriers to affordable housing are encouraged to apply. More information is available. Apply by October 30, 2023.
  • 9/11/23: Electric Vehicle Charging Program. The Washington State Department of Commerce will offer $64 million to install Level 2 and DC fast chargers throughout the state, with a goal of directing 40% of program funding for installations in overburdened and vulnerable communities. More information is available. Apply by December 1, 2023.

Funding Competitions

PSRC decides on the projects that will receive about $290 million in transportation funding annually from the Federal Highway Administration and the Federal Transit Administration.

We have multiple funding cycles:

  • Regional FHWA and FTA Project Selection – Competitions to award funding from the Federal Highway Administration and Federal Transit Administration to priority projects. 2022 Call for Projects released. 
  • Rural Town Centers and Corridors – Supports projects that help rural town transportation needs.
  • Special Needs – Supports specialized transportation for seniors, youth, people with disabilities and people with low income.
  • Transportation Alternatives Program – Funding for community-based transportation improvements such as bicycle/pedestrian facilities, historic preservation of transportation assets, and environmental mitigation.