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All Federal Grant Programs
Asset Concessions and Innovative Finance Assistance
Posted
2/17/23
Assistance Listing Number
20.945
Overview
Grant Opportunities
Grant Awards
3
Federal Agency
Immediate Office of the Secretary of Transportation
Applicant Types
Not listed
Beneficiary Types
Not listed
Additional Information
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Popular Federal Grant Opportunities
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Popular Federal Grant Awards
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Name
Description
Awardee
Assistance Type
Dollars Obligated
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Award Date
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Updated At
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69A6212550011
The Department of Transportation's Immediate Office of the Secretary has awarded a $985,000 Cooperative Agreement to the City of Evanston, Illinois under the Asset Concessions and Innovative Finance Assistance program (CFDA 20.945). The objective of this award is to facilitate and evaluate public-private partnerships where the private sector could assume a greater role in transportation project planning, development, financing, construction, maintenance, and operation. The City of Evanston will use the funding to conduct asset concession capacity building activities to support transit-oriented development in the city. Key deliverables include an asset concession report, quarterly reports, and other project deliverables that are intended to benefit Evanston's commuters and residents. The award period runs from February 3, 2025 to February 2, 2028.
City Of Evanston
Cooperative Agreement
$985.0k
2/3/25
12/16/24
69A6212550004
The Regional Transportation District (RTD) was awarded a $400,000 Cooperative Agreement from the U.S. Department of Transportation's Immediate Office of the Secretary of Transportation under the Asset Concessions and Innovative Finance Assistance program (CFDA 20.945). The objective of this award is to facilitate and evaluate public-private partnerships in which the private sector could assume a greater role in transportation project planning, development, financing, construction, maintenance, and operation. The activities to be performed include maximizing public benefit through an assessment of RTD's park-and-ride facilities, with expected outcomes of providing an asset scans report and plans for future innovative financing options. The award has a performance period from January 15, 2025 to January 14, 2028.
Regional Transportation District
Cooperative Agreement
$400.0k
1/15/25
12/6/24
69A6212550025
The U.S. Department of Transportation's Immediate Office of the Secretary awarded a $1,195,800 Cooperative Agreement under the Asset Concessions and Innovative Finance Assistance program (CFDA 20.945) to the Massachusetts Bay Transportation Authority (MBTA). The objective is to facilitate and evaluate public-private partnerships where the private sector could assume a greater role in project planning, development, financing, construction, maintenance, and operation of transportation infrastructure. Specifically, the award will provide technical assistance for the MBTA's Alewife Station and Garage, with key deliverables including an asset concession report, quarterly reports, and other programmatic outcomes. The intended beneficiaries are commuters and residents in the Cambridge, Massachusetts area. The period of performance runs from January 2, 2025 through January 1, 2028.
Massachusetts Bay Transportation Authority
Cooperative Agreement
$1.2m
1/2/25
12/20/24