Archive for May, 2010

Two Things You Must Know About Sustainablity Funding

Two Things You Must Know about Sustainablity Funding Right Now

 Two important federal funding opportunities are available that require action right now.  You are undoubtedly aware that the American Power Act was introduced in the Senate on May 12.  Here are a few of the key provisions of the Act—and a notable omission. 

  • Targets have been set for the reduction of Green House Gas emissions.   By 2020, GHG emissions will be reduced from 2005 levels by 17%.  GHG emissions will be reduced by 83% by 2050.
  • A federal cap and trade program is not established, unlike the House version of the bill.
  • Annual funding in the amount of $7 billion is allocated for smart growth, natural gas vehicles and raising fuel economy standards.
  • Loan guarantees are provided to encourage nuclear power plants. 

Here’s the notable omission:  local governments.  In general, funding would be channeled to state governments.  That means programs such as the Energy Efficiency and Conservation Block Grants (EECBG) would cease to exist.   The action to be taken?  Local government elected officials should contact their senators and press for modification of the Act. 

The prospects for the legislation are uncertain.  It may not be heard or acted on this year.  For more information, go to http://www.climatecommunities.us/petition.html

TIGER II is an assured funding opportunity.  No, this has nothing to do with a world famous golfer by the same name.  The acronym stands for Transportation Investment Generating Economic Recovery; this is the second version of the program. 

Eligible funding activities include public transportation projects, highway and bridge projects, passenger and freight rail projects and port infrastructure improvements.  Of the $600 million available, $35 million has been set aside for transportation planning, which can be used for updating zoning codes and planning transportation corridors or regional transportation systems. 

The TIGER dollars are extremely competitive.  The first round was funded at $1.5 billion and received 1400 applications that totaled well over $60 billion.  TIGER II is funded at $600 million so competition will be even tougher. 

Here a few tips to make your application more competitive, based on projects that received funding in the first round and on comments from a recent webinar featuring Robert Mariner, Senior Policy Analyst with the office of the DOT Secretary.  While TIGER II is not funded through the Economic Recovery Act, job creation is important.  Projects in the $15-40 million dollar range will be more competitive, as DOT is looking to fund 18-20 projects nationwide.  DOT is also looking to fund a mixture of modal types, although there is no set formula.  Significant long term outcomes weigh heavily in the selection process.  A thorough cost-benefit analysis is critical to success.  Matching non-federal dollars make applications more competitive.  Finally, funds must be obligated by 12/2012, so the further along in the design and environmental review process that applicants are, the more competitive they will be. 

The action to be taken?  Pre-applications are due July 16 and must be made through www.grants.gov.  It can take 2-4 weeks to be approved to apply, so it is time to get started on the application process.  For more information, go to http://www.dot.gov/recovery/ost/tigerii/ .