WASHINGTON — The latest round of TIGER grant funding will disburse nearly $500 million to 47 projects in 34 states and the District of Columbia, U.S. Transportation Secretary Ray LaHood announced Friday.

The grants were awarded on a competitive basis after states and localities were given an opportunity to apply. The Department of Transportation received 703 applications from all 50 states, U.S. territories, and D.C. In many cases, the DOT said in a release, the federal funds will provide the final portion of funding for approximately $1.7 billion in infrastructure investments around the country. The awards ranged from $1 million to $21.6 million.

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