MARAD Port Infrastructure Development Grants
The Port Infrastructure Development Program was created under the 2015 FAST Act and is managed by the U.S. Maritime Administration. Its purpose is to provide support for the improvement of port facilities.
The Program received its first appropriation of $200 million in funds for fiscal year 2019. Projects eligible for funding may be within or outside the boundary of a port, but must be directly related to port operations or to an intermodal connection to a port that will improve the safety, efficiency, or reliability of the movement of goods into, out of, around, or within a port, as well as the unloading and loading of cargo at a port.
Only coastal seaports are eligible for 2019 funds and $92.7 million of this will be set aside for the top 15 U.S. coastal seaports that handled the greatest number of twenty-foot equivalent units (TEUs) in 2016. Based on AAPA statistics the following ports should be eligible for that set-aside:
1. Los Angeles
2. Long Beach
3. New York/New Jersey
6. Hampton Roads
11. San Juan
12. Port Everglades
Of projects proposed at those top 15 seaports, investments that construct phytosanitary treatment facilities will be prioritized. Port authorities and public bodies are among eligible applicants and private firms may team with public entities under a lead public applicant. The maximum federal share of project costs is 20%. Federal RRIF loan funds, if repaid from non-federal sources, will be considered non-federal funds for the purposes of match.
Seneca has years of experience successfully preparing federal funding applications for public and private clients. Contact us today to learn how we can support your port infrastructure development grant application effort.