Deadline for Second Round of TIIF Grant Application Approaching
The Delaware Department of Transportation (DelDOT) is reminding interested businesses that applications for the next round of Transportation Infrastructure Investment Fund (TIIF) grants will be accepted until Monday, November 16, 2020. A total of $12,501,000 is available for the second round of TIIF applications.
TIIF was established in 2019 to provide economic assistance for renovation, construction, or any other type of improvements to roads and related transportation infrastructure in order to attract new businesses to the state, or expand existing businesses in the state, when such an economic development opportunity would create a significant number of direct, permanent, quality full-time jobs.
The council’s first recommendations were made in June 2020, and seven projects totaling more than $7 million in grants were approved by Secretary Cohan and Secretary of State Jeff Bullock.
The members of the TIIF Council appointed by Governor Carney are Rob Book, Martin Nunlee, Cornelia Johnson, Mona Parikh, John Riley, Bill Strickland, and Joe Westcott, who serves as chair. Representative Bill Bush and Senator David Sokola were appointed by their respective chambers to represent the General Assembly on the council.
More information on TIIF can be found at https://de.gov/TIIF.