Grant Program Guidelines
No grant may receive more than 25% of available grant funds, please refer to the main GTIB website for available funding. There is currently no minimum threshold for grant requests. There is a cap on grant requests above $2 million. For these grant requests, the maximum that can be applied for is 33 percent of the total project value. For grant requests under $2 million, there is no cap, however, higher match amounts (excluding state funds) will improve grant application competitiveness.
Grant Program Fees
The Application Fee is $250. A check must be made payable to the State Road & Tollway Authority (SRTA) and be received by the GTIB at the appropriate address as provided in the application within 2 weeks of submitting the application. $50.00 of the Application Fee is nonrefundable. Once the analysis phase of the Application begins, the remaining $200.00 of the Application Fee becomes non-refundable.
Application Review and Selection
If the Application is complete and all eligibility requirements are met, the Application will be evaluated by SRTA staff for competitiveness and submitted to the GTIB Advisory Committee for consideration. After Advisory Committee review a recommendation will be made to the SRTA Board, who will approve or deny the application. If the project is not approved for award, SRTA will notify the applicant. If the Application is approved, SRTA staff will advise the applicant and coordinate documents required for awarding funds.
Project Modifications and Adjustments
The GTIB realizes that costs may change or projects may be modified between the time that an Application is filed and the time of actual construction. The Applicant should inform the GTIB of all material changes, in writing, as soon as possible. If a grant agreement has not been signed and a change to the Application is required or requested, the Applicant should file a supplemental Application with the GTIB.
If the material change occurs after a grant agreement has been executed, the Applicant shall inform the GTIB, in writing, as soon as possible. The GTIB may require the borrower to submit an amendment.