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CA Coming Soon: CTC Trade Corridor Enhancement Program – Expected to Open August 2024

Opportunity Title:

Trade Corridor Enhancement Program

 

Funder/Agency:

California Transportation Commission (CTC)

 

Opportunity Number:

Portal ID: 5506

 

Description:

The purpose of the Trade Corridor Enhancement Program is to provide funding for infrastructure improvements on federally designated Trade Corridors of National and Regional Significance, on California's portion of the National Highway Freight Network, as identified in California Freight Mobility Plan, and along other corridors that have a high volume of freight movement.


Eligible applicants apply for program funds through the nomination of projects. All projects nominated must be identified in a currently adopted regional transportation plan. The Commission is required to evaluate and select submitted applications based on the following criteria:

  • Freight System Factors – Throughput, Velocity, and Reliability

  • Transportation System Factors – Safety, Congestion Reduction/Mitigation, Key Transportation Bottleneck Relief, Multi-Modal Strategy, Interregional Benefits, and Advanced Technology

  • Community Impact Factors – Air Quality Impact, Community Impact Mitigation, and Economic/Jobs Growth

  • The overall need, benefits, and cost of the project

  • Project Readiness – ability to complete the project in a timely manner

  • Demonstration of the required 30% matching funds

  • The leveraging and coordination of funds from multiple sources; and

  • Jointly nominated and/or jointly funded


Program guidelines are created in consultation with agencies identified in Governor's Executive Order B-32-15, regional transportation planning agencies, local governments, private industry, and other advocates. Prior to adoption of the guidelines, the Commission conducts numerous public workshops throughout the state to solicit input and feedback.


Eligibility:      

California Public Agency

 

Award Details:

Total Amount Available:

$800,000,000


Anticipated Release:

August 2024

 

 

Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.

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