The ADAPT Assets Act establishes a $2 billion annual grant program through 2031 administered by the Department of Transportation to fund demonstration projects that protect transportation infrastructure from natural hazards and extreme weather. The program will award up to 10 competitive grants to eligible applicants including states, local governments, public transit agencies, ports, tribes, and regional partnerships to make roads, public transit systems, and port facilities more resilient through protective features, elevation, relocation, or adaptation. Projects must address documented hazard risks, provide transportation and community benefits, and demonstrate readiness to proceed with strong regional partnerships, with the federal government covering up to 80 percent of project costs. The law requires the Secretary to publish annual funding opportunities, coordinate across federal agencies to streamline funding and permitting, maintain a public dashboard tracking project progress, and report every two years on project outcomes and recommendations for scaling the program.
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