Alabama Gov. Kay Ivey’s office recently announced that the state’s inland port authorities and related groups can now apply for grants of up to $1 million through the Alabama Department of Economic and Community Affairs.
The grants will pay for infrastructure improvements at inland ports, located along the state’s inland waterways. Such improvements include new construction, non-routine maintenance, onsite storage, moorings and other projects, according to a press release from Ivey’s office.
Applicants have until Dec. 12 to submit for a portion of the $5 million, allocated by the state Legislature in 2019. Awards are expected to be announced by March 2020.
“Throughout Alabama’s history, inland water transportation has played a vital role in helping our state develop and grow. Those same water routes are just as valuable today in helping to produce commerce,” ADECA Director Kenneth Boswell said in the release. “These grants will enable inland ports to increase cargo traffic and get products to coastal waterways where they can be shipped to other ports around the country and the world.”
Applicants must provide at least a 20 percent match and projects must be completed within two years after the grant award.
For more information on the grants visit here.