Federal Highway Administration Announces $62B in Spending

The FHWA is overseeing large-scale roadwork projects across the country.

Source : Oto Godfrey

November 11, 2024

Author : Alex Bustillos

The Federal Highway Administration (FHWA) announced last week a staggering $62 billion in Fiscal Year 2025 funding for 12 formula programs, marking a significant step in fulfilling the promises of the bipartisan Infrastructure Investment and Jobs Act (IIJA).

This investment, a crucial part of the commitment to rebuild and modernize the nation’s roads, bridges, and transportation systems, will allow states to tackle critical infrastructure projects and create jobs.

“With over 60,000 projects funded through our Bipartisan Infrastructure Law, we continue to deliver on the decades-long promise to invest in American infrastructure,” declared U.S. Transportation Secretary Pete Buttigieg

He emphasized the tangible impact of this funding, stating, “The $62 billion the Biden-Harris Administration announced today will help communities...continue to rebuild roads and bridges, implement new and innovative transportation solutions, strengthen our supply chains, and create good-paying jobs nationwide.” 

Below is a look at apportionments for the Federal-aid Highway Program for FY-2024 (Source: Equipment World).

This funding surge represents a substantial increase compared to previous years. Fiscal Year 2025 sees an $18.8 billion increase compared to Fiscal Year 2021, highlighting the administration’s dedication to prioritizing infrastructure development. 

Acting Federal Highway Administrator Kristin White celebrated this progress, stating, “The Biden Harris Administration’s Bipartisan Infrastructure Law was signed into law less than three years ago, and yet we are in the midst of an infrastructure decade celebrating historic funding investments to all 50 states, the District of Columbia, and Puerto Rico.”

The funding will be distributed through 12 key infrastructure programs, including the Federal-aid Highway Funds, the Bridge Formula Program, and the National Electric Vehicle Infrastructure Formula Program. These programs address a wide range of transportation needs, from repairing and upgrading existing roads and bridges to supporting the expansion of electric vehicle charging infrastructure.

Some of the states receiving significant allocations include Arkansas with $800 million, Louisiana with $1.22 billion, Wyoming with $411 million, Kansas with $585 million, and Texas with a substantial $5.69 billion. These funds will enable states to address their unique infrastructure challenges and prioritize projects that best serve their communities.

The FHWA emphasized the direct impact of this funding, stating, “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.” 

This direct allocation empowers states to take ownership of their infrastructure development and tailor projects to their specific needs.

The IIJA, signed into law by President Joe Biden, represents the largest dedicated investment in highway funding in over half a century. The $350 billion allocated for federal highway programs through 2026 signifies a long-term commitment to modernizing and expanding the nation’s transportation network. The Biden administration has already celebrated the appropriation of over $220 billion in infrastructure law funding, supporting over 32,000 specific projects and awards.

This latest round of funding, totaling $62 billion for Fiscal Year 2025, marks another milestone in the ongoing effort to rebuild and revitalize America’s infrastructure. By equipping states with the resources they need to address critical transportation challenges, the administration plans to create jobs, strengthen the economy, and improve the quality of life for communities across the nation. As this historic investment continues to unfold, it promises to shape the future of American infrastructure for generations to come.

Category : Federal Government Investment in Infrastructure Freeways and Highways

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