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Applications now available for $42 million in multimodal project funds

ODOT News

Oct. 7, 2013

 

For more information: Shelley M. Snow, ODOT Public Affairs, 503-986-3438

Complete applications will be due on Nov. 25

 

SALEM, Ore. — Applications for the ConnectOregon multimodal transportation funding program are now available on the Oregon Department of Transportation’s website. Completed applications are due Nov. 25, 2013. The 2013 Oregon Legislature approved $42 million in lottery-backed bonds for the fifth round of ConnectOregon funding as part of HB 5008. Building on the success of the previous authorizations in 2005, 2007, 2009 and 2011, ConnectOregon V will continue to improve transportation connectivity and support Oregon’s economy.

   

ConnectOregon V funds will be distributed to air, marine, rail, transit and bicycle/pedestrian projects statewide; funds cannot be used for highway projects. ConnectOregon includes both grants and loans for private sector applicants, municipalities, cities, counties, governing organizations, and other transportation-related entities. No less than 10 percent of the funds must be distributed to each of five geographic regions of the state, provided there are qualified projects in the region. Criteria for qualified projects include readiness for construction, economic benefit and value in linking transportation modes.

 

  
As in the past, modal and regional committees will review completed applications, and there will be opportunities for public input. In June 2014, a Final Review Committee will prioritize and forward its recommendations for funding to the Oregon Transportation Commission. An OTC public hearing on the recommendations, including final decisions, will be held soon after that.

 

  
ConnectOregon is an important strategy for ensuring Oregon’s transportation system is strong, diverse and efficient by making smart investments in multimodal projects. Anyone interested in keeping up to date on the program can join the electronic mailing list.

 

 
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