$650,000 is awarded for regional infrastructure accelerators program to executive office state of louisiana

The Department of Transportation Immediate Office of the Secretary awarded $650,000 to the Executive Office of the State of Louisiana on September 1, 2026, under the Transportation Infrastructure Finance and Innovation Act (TIFIA) Program (CFDA 20.223) to advance four identified Louisiana infrastructure projects toward TIFIA applications: the Melvin Perez Drive Transit Shed Project, Port Infrastructure Project Bundling, New Mississippi River Bridge Project, and Rural Road and Bridge Bundling. The award also funds advancement of the Louisiana State Infrastructure Bank, innovative financing for a micro transit service program, and technical assistance for rural Louisiana.

The recipient will deliver a work plan, quarterly reports, project deliverables, and 2 CFR 200 compliance documentation. The period of performance runs through August 31, 2029, with place of performance in Louisiana. The $650,000 obligated represents technical assistance funding to support project development and financing readiness activities that advance eligible surface transportation projects toward TIFIA credit assistance eligibility. Rural and urban commuters in Louisiana are the intended beneficiaries.

Activities to be performed: advance four identified projects to tifia applications (melvin perez drive transit shed project, port infrastructure project bundling, new mississippi river bridge project, rural road and bridge bunding), advancing louisiana state infrastructure bank, innovative financing for micro transit service program and technical assistance for rural louisiana. Deliverables/expected outcomes: work plan, quarterly reports, project deliverables and 2 CFR 200 compliance. Beneficiaries: rural and urban commuters in louisiana state.