USD/BTC = $109,876
Block 898,638
TL:DRUnited States Transportation Secretary Sean Duffy on Wednesday said that the Department of Transportation (USDOT) approved 76 infrastructure grants valued at more than $607 million.The awards cover projects across the department's operating administrations and include:
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$212 million through the Office of the Secretary's Nationally Significant Multimodal Freight & Highway Projects/INFRA program ($188 million), BUILD program ($19 million), Safe Streets and Roads for All/SS4A program ($3.4 million) and Payments for Small Community Air Service Development Program ($1.6 million);
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$159 million through the Federal Highway Administration's National Culvert Removal, Replacement, and Restoration Grant program ($33 million)and the Wildlife Crossings Pilot Program ($126 million); -
$95 million through the Federal Railroad Administration's Consolidated Rail Infrastructure and Safety Improvements program ($59 million) and Railroad Crossing Elimination program ($36 million);
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$64 million through the Federal Aviation Administration's Airport Improvement Program ($30 million) and Airport Terminals Program $32 million); -
$37.4 million through the Federal Transit Administration's Buses and Bus Facilities program ($12 million), Low or No Emission program ($25 million) and Tribal Transit program ($412,000); and
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$7 million through the Maritime Administration's Port Infrastructure Development Program.
The awards represent a portion of the 3,200 in unobligated grants left behind by former President Joe Biden's administration, according to the USDOT. Thus far, the agency has awarded 405 of those grants, which total approximately $5 billion. This is about 13% of the grant backlog.
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My Thoughts 💭
Drop in the bucket. It’s laughable the FAA got such a small amount. While America is trying to make progress with improving the infrastructure they are just worlds away from actually catching up on the capital investment needed to bring the infrastructure to standard.