AGENDA DATE: 4/6/2022
TITLE:
Title
The Rebuilding American Infrastructure with Sustainability and Equity Grant Application - Three Notched Trail Shared Use Path
BODY
SUBJECT/PROPOSAL/REQUEST: Board of Supervisors Support for a Rebuilding American Infrastructure with Sustainability and Equity Grant Application for the Three Notched Trail Shared Use Path
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Richardson, Walker, Herrick, Filardo, Rapp, McDermott, Hersh-Ballering
PRESENTER (S): Jessica Hersh-Ballering, Kevin McDermott
LEGAL REVIEW: Yes
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: The Rebuilding American Infrastructure with Sustainability and Equity (RAISE) Discretionary Grant program is an opportunity for localities to leverage federal funding for the construction and/or planning of surface transportation infrastructure projects that would have a significant local or regional impact. The RAISE program is particularly useful for funding multi-modal, multi-jurisdictional projects that would be more difficult to support through traditional Department of Transportation (DOT) programs. The Infrastructure Investment and Jobs Act authorized and appropriated $1.5 billion to be awarded for RAISE 2022.
RAISE grant applications can be submitted for "Capital Funding," in which right-of-way can be acquired and construction can proceed. Alternatively, RAISE grant applications can be submitted for "Planning Funding," in which project planning, preparation, and design can occur, but no right-of-way acquisition or construction can begin. No less than $75 million will be awarded to planning funding applications.
Albemarle County is eligible to submit applications for funding through RAISE as a rural area. With the rural designation, the County's grant request must be between $1 million and $25 million. A local match is not required. If funding is awarded, all funds must be obligated by September 30, 2026 and expended by September 20, 2031.
RAISE a...
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