ST. PAUL, Minn. – U.S. Transportation Secretary Anthony Foxx joined President Barack Obama to announce that $600 million will be made available to fund transportation projects across the country under a sixth round of the U.S. Department of Transportation’s highly successful Transportation Investment Generating Economic Recovery (TIGER) competitive grant program. The announcement was made at the Union Depot in St. Paul, which received $35 million in the first round of TIGER to renovate the facility and restore tracks.
WASHINGTON, D.C. — The impending insolvency of the federal Highway Trust Fund poses a threat to state budgets, the construction industry and the overall economy that is real and that is even closer than originally estimated, according to Mike Hancock, American Association of State Highway and Transportation Officials (AASHTO) president and secretary of the Kentucky Transportation Cabinet.
WASHINGTON, D.C. — Fixing the Highway Trust Fund (HTF) without generating any new revenue would require the equivalent of Congress passing and the president signing a 2013-level Murray-Ryan budget deal every year just to maintain current highway and transit program investment levels, American Road & Transportation Builders Association (ARTBA) President Pete Ruane Feb. 12 told a Senate panel.
WASHINGTON, D.C. — U.S. Transportation Secretary Anthony Foxx announced the closing of an $840 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the Grand Parkway Project in greater Houston that will improve safety and add highway capacity in this fast-growing region of Texas. The completed Grand Parkway Project will be a four-lane, 55-mile toll road in northwest Harris County and southeast Montgomery County. The TIFIA loan will go toward the design and construction of specific sections of the project.
HARRISBURG, PA. — Governor Tom Corbett announced that Pennsylvania’s new transportation plan will allow the Pennsylvania Department of Transportation (PennDOT) to distribute $345 million in liquid fuels payments to certified municipalities on March 3 to help them maintain their roads and bridges. The allocation is $25.1 million more than the 2013 figure, roughly an 8 percent increase.
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