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An article from
Dive Brief


FHWA RELEASES $60B TO STATES, FUNDS 3 NEW PROGRAMS

Published Oct. 13, 2022
Julie Strupp Editor
 * 
 * 
 * 
 * 
 * 

A construction project will add three lanes to the I-95 Rappahannock River
Crossing in Fredericksburg, Virginia. Drew Angerer via Getty Images


DIVE BRIEF:

 * The Federal Highway Administration on Tuesday announced that it released
   $59.9 billion to 12 programs to help address the nation’s crumbling
   infrastructure, according to an agency press release. The funding comes from
   the $1.2 trillion Infrastructure Investment and Jobs Act.
 * The infrastructure law, signed last year by President Joe Biden, provides
   $550 billion over the next five years to support critical infrastructure
   efforts like revamping roads and bridges, carbon emission reduction and
   safety improvements.
 * The FHWA’s nearly $60 billion allocation, to be split among all 50 states
   plus Washington, D.C., and Puerto Rico, is a $15 billion increase over 2021.
   The newly released funds are formula grants, which means the money flows to
   recipients based on formulas set by Congress.





DIVE INSIGHT:

The Biden administration has focused not only on traditional infrastructure, but
also items like broadband internet and climate resilience measures. In addition
to supporting long-standing programs like the Bridge Formula Program, three new
ones will also be funded next year, according to Tuesday’s announcement:

 * The Carbon Reduction Program aims to boost projects designed to reduce
   transportation emissions, such as public transit, bikeways and walkways. 
 * The Promoting Resilient Operations for Transformative, Efficient and
   Cost-Saving Transportation Formula Program aims to help make surface
   transportation more resilient to extreme weather and other natural hazards.
 * The National Electric Vehicle Infrastructure Formula Program aims to create a
   reliable national network of EV chargers.

The allocation of funding by state and program can be viewed at the FHWA’s
infrastructure act funding web page, organized by fiscal year.


RECOMMENDED READING

 * 7 tools to navigate IIJA funding By Julie Strupp • Oct. 7, 2022

 * post
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   DODGE: TOTAL CONSTRUCTION STARTS FELL 9% IN AUGUST
   
   Strength outside of high valuation projects shows the construction sector has
   not yet been undermined by a potential 2023 recession.
   
   By Sebastian Obando • Sept. 22, 2022


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COMPANY ANNOUNCEMENTS

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   of the Year From EquipmentShare
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   List From Canvas
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   EarthCam
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   Construction

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COMPANY ANNOUNCEMENTS

View all | Post a press release
T3 Dash Cams Win the AutoTech Breakthrough Award for Driver Safety Solution of
the Year
From EquipmentShare
October 13, 2022
Canvas Co-Founder/CTO Maria Telleria Makes the Inc. 2022 Female Founders 100
List
From Canvas
October 05, 2022
EarthCam Premieres Live Weather Service for Construction Projects
From EarthCam
September 28, 2022
Dennis Carignan Promoted to President of Granger Construction
From Granger Construction
September 28, 2022
Editors’ picks
 * Explore the Trendline➔
   Permission granted by Associated General Contractors of America
   Trendline
   
   
   LABOR
   
   A roundup of articles about issues affecting the workforce.
   
   By Construction Dive staff
 * Skyhobo via Getty Images
   
   
   DODGE: TOTAL CONSTRUCTION STARTS FELL 9% IN AUGUST
   
   Strength outside of high valuation projects shows the construction sector has
   not yet been undermined by a potential 2023 recession.
   
   By Sebastian Obando • Sept. 22, 2022

Latest in Infrastructure
 * FHWA releases $60B to states, funds 3 new programs
   By Julie Strupp
 * Rising prices, labor shortages threaten infrastructure law implementation:
   DOT report
   By Dan Zukowski
 * 2 contractors selected for temporary repairs to Florida’s Sanibel Causeway
   By Julie Strupp
 * Why September’s hot jobs report is ‘terrible’ for construction
   By Joe Bousquin

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