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Item ID 132054464 in Category: Communities - News & Events

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Almost $9B in Federal Transportation Funds and Loans Approved Since January 1


In the final weeks of the Biden administration, nearly $9 billion in grants and loans were authorized for transportation and infrastructure projects across the U.S. Federal agencies, including the U.S. Department of Transportation (DOT), announced funding for a variety of initiatives aimed at modernizing the nation’s infrastructure and promoting sustainable transportation.

The DOT’s Build America Bureau allocated a $1.89 billion loan to the Port Authority of New York and New Jersey for the reconstruction of New York City’s midtown bus terminal. The 74-year-old terminal, serving over 250,000 passengers daily, will be replaced with a modern, expanded facility to meet growing commuter demands.

For more details please visit our website - https://www.constructionviewpoint.com/2025/01/31/almost-9b-in-federal-transportation-funds-and-loans-approved-since-january-1/


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Target State: Texas
Target City : Houston
Last Update : Oct 22, 2025 7:34 AM
Number of Views: 7
Item  Owner  : constructionviewpoint
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2025-10-22 (0.595 sec)