TOTAL PROJECT COST $12,365,000
TIGER FUNDS $7,990,000
LOCAL MATCH $4,375,000
On March 6, 2018 the City of Frankfort was notified that it would be awarded $7.99 million in federal TIGER Grant money to improve the 2nd Street corridor. In the application submitted in October of 2017 the City described the request as follows:
The City of Frankfort, Kentucky, requests $7,990,000 in U.S. Department of Transportation (DOT) Transportation Investment Generating Economic Recovery (TIGER) funding for a $12,365,000 multimodal project that will put its Second Street Corridor (U.S. 60, a federal highway route) on a road diet and boost economic development in a distressed neighborhood separated from the downtown. Grant funds will be used to construct new or improve existing sidewalks and bike lanes, increase access for seniors and persons with disabilities, enhance the streetscape, and reduce stormwater runoff.