DOT announces funding for 47 TIGER 2012 Projects
U.S. Transportation Secretary Ray LaHood announced on June 22, 2012, that 47 transportation projects in 34 states and the District of Columbia will be given nearly $500 million from the U.S. Department of Transportation's (DOT's) Transportation Investment Generating Economic Recovery (TIGER) 2012 program
"President Obama’s support for an America built to last is putting people back to work across the country building roads, bridges and other projects that will mean better, safer transportation for generations to come," said LaHood. "TIGER projects mean good transportation jobs today and a stronger economic future for the nation."
The TIGER program was created to help fund projects that otherwise would have been difficult to finance through other federal programs. The funds are a part of a larger infrastructure investment of $1.7 billion. The TIGER funds provide money for a wide range of transportation projects, with about 35 percent expected to be spent on road and bridge replacement and repair.