Transportation Economic Assistance (TEA)
Transportation Economic Assistance (TEA) supports Wisconsin communities building public road, rail, harbor, and airport improvements needed for business development and the creation or retention of jobs.
Funder: Wisconsin Department of Transportation
Due Dates: Rolling (first come, first served)
Funding Amounts: $3.4 million available each state fiscal year; grants capped at the lower of 50% of eligible costs or $5,000 per job
Summary: TEA funds public transportation improvements needed to create or retain jobs through business development in Wisconsin.
Key Information: A governing body must apply and retain public ownership of the transportation improvement.
Description
The Wisconsin Department of Transportation (WisDOT) administers Transportation Economic Assistance (TEA) to help communities build road, rail, harbor, and airport improvements essential to specific business developments. The program aims to attract employers to Wisconsin, help existing businesses remain and expand, and create or retain jobs. It is designed to put needed improvements in place more quickly than normal state programming processes allow.
TEA supports transportation projects that benefit the public and have local government endorsement. The associated business development cannot be speculative: the applicant must show that the improvement is needed for the development to occur in Wisconsin and that the resulting jobs will materialize or be retained.
