DOT Grants $3.6 Billion to Support Transportation Infrastructure
The Build America Bureau has awarded grants to 18 projects in 15 states. Transportation Secretary Anthony Foxx said, "From eliminating traffic bottlenecks and enhancing port capacity to overhauling a major freight corridor, the 18 inaugural FASTLANE grants will enable people and goods to move more efficiently."
The U.S. Department of Transportation announced 18 infrastructure projects that will receive federal grants as part of the new Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) program.
The grants total $800 million and will be combined with other funding from federal, state, local, and private sources to bring $3.6 billion in investment in 15 states as well as the District of Columbia.
"The FAST Act gave us a set of tools to begin addressing America's infrastructure deficit, and we have been moving full speed ahead to get critical road, rail, and port projects off the ground across the country," said Transportation Secretary Anthony Foxx. "From eliminating traffic bottlenecks and enhancing port capacity to overhauling a major freight corridor, the 18 inaugural FASTLANE grants will enable people and goods to move more efficiently."
The grants aim to combat a number of infrastructure challenges, such as congestion on highways and the need for a multimodal transportation system to support expected growth in freight movement.