Biden-Harris Administration Sending States $61 Billion from the Bipartisan Infrastructure Law for America’s Roads and Bridges

Third year of funding under President Biden’s Bipartisan Infrastructure Law provides for critical transportation improvements in all 50 States, DC and Puerto Rico 

WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced that it has allocated $61 billion in Fiscal Year 2024 apportionments for 12 formula programs to support investment in critical infrastructure, including roads, bridges and tunnels, carbon emission reduction, and safety improvements, as well as workforce development to support these investments, utilizing funding from President Biden’s Bipartisan Infrastructure Law. The funds go directly to all 50 States, the District of Columbia, and Puerto Rico, and help them continue the important work of rebuilding our roads and bridges and making our transportation system more efficient.  

“Long-needed major improvements are coming to America’s network of roads, bridges, and highways,” said U.S. Transportation Secretary Pete Buttigieg. “Thanks to President Biden, we are proud to deliver funding to modernize roads and bridges across America–strengthening our supply chains, creating good-paying jobs, and connecting Americans to every corner of this country.”

The Bipartisan Infrastructure Law makes the single largest dedicated investment in our transportation infrastructure since the construction of the Interstate Highway System in the 1950s and 1960s. The $61 billion in funding for Fiscal Year 2024 is the third year of funding under the Bipartisan Infrastructure Law and represents an increase of $17.6 billion in formula programs as compared to Fiscal Year 2021, the last fiscal year before the Bipartisan Infrastructure Law was implemented. This Bipartisan Infrastructure Law funding is distributed annually by FHWA based on Congressionally mandated formulas.

“These historic investments in American infrastructure give States the flexibility they need to determine how to allocate funds for a range of transportation projects such as improving safety for all road users, replacing aging bridges, and reducing carbon emissions,” said Federal Highway Administrator Shailen Bhatt. “This funding will allow States to continue the important work of President Biden’s Bipartisan Infrastructure Law that is making our infrastructure safer and more efficient for the millions of Americans who rely on it to get to school, work, and other important destinations every day.”

Federal-aid Highway Program funds are authorized periodically by Congress in multi-year laws to assist the States in providing for construction, reconstruction, and improvement of highways and bridges on eligible Federal-aid routes and for other special purpose programs and projects. The Bipartisan Infrastructure Law established or continued FHWA programs and authorized funding for those programs from the Highway Trust Fund and General Fund.

Click here to view the allocation of funding by state and program, which can be viewed at FHWA’s Bipartisan Infrastructure Law Funding web page, organized by fiscal year.

FHWA has additional information for transportation agencies and others interested in grants and other discretionary funding opportunities as well as information on new and existing FHWA programs available under the Bipartisan Infrastructure Law web page.

###

Official news published at https://www.transportation.gov/briefing-room/biden-harris-administration-sending-states-61-billion-bipartisan-infrastructure-law

digital marketing best company