$2 Million Available in Transportation Economic Development Funding for Greater Minnesota

The Minnesota Division of Transportation (MNDOT) introduced that native cities, tribes, counties and different authorities entities in Larger Minnesota will be capable of apply for funding towards transportation tasks. MNDOT defines Larger Minnesota as ‘all counties outdoors of the seven-county Twin Cities metropolitan space.’ The funds can be matched for tasks that target native transportation.

The full of $2 million in matching funds is accessible by the Transportation Financial Growth (TED) program. This spherical of funding is for state freeway building tasks that happen in 2023 and 2024. Via creating and preserving jobs, and utilizing each personal and native investments in transportation infrastructure, this program helps meet the state’s transportation and financial improvement wants. Since 2011, the TED program has offered over $130 million in grants to 55 separate tasks all through Minnesota. Total, $336 million in native authorities and personal funds have been leveraged with this funding.

Extra details about the TED program and easy methods to apply might be discovered by visiting MNDOT’s web site.