$660 million available through Port Infrastructure Development Program

Published On: February 15, 2023Categories: Industry News, News

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP).

The PIDP investment will modernize U.S. ports and help strengthen supply chains, helping to reduce shipping time, costs and ultimately the costs of goods for the American people. President Bidens infrastructure package provides $450 million annually in funding for the Program.

PIDP discretionary grants help eligible applicants including port authorities, states, local governments, indigenous Tribal nations, counties and other eligible entities complete critical port and port-related infrastructure projects. Grants are awarded on a competitive basis to support projects that improve the safety, efficiency or reliability of the movement of goods through ports and intermodal connections to ports. MARAD will also consider how projects address climate change and sustainability, equity and workforce development objectives.

Recent projects funded include installation of fast charging stations and other port electrification components and the development of a scalable plan for transitioning the port and local maritime industry to zero-emission technologies in Jacksonville, Florida; the creation of an intermodal rail yard near an existing port terminal in Kaskaskia, Illinois; and the modernization of electric and stormwater infrastructure and warehouse capacity for the Port of Cleveland by the Cleveland-Cuyahoga County Port Authority in Cleveland, Ohio.

The deadline for applications is April 28, 2023. For additional questions and to see a full list of the 2022 awards projects, click here.