/ Financial / New York Initiates $144.6M Transportation Infrastructure Spending Effort

New York Initiates $144.6M Transportation Infrastructure Spending Effort

Parul Dubey on April 30, 2019 - in Financial, News

The state of New York recently gave the green light to $144.6 million worth of infrastructure investment for 72 projects supporting the construction of new multi-use bicycle and pedestrian facilities, new Americans with Disabilities Act-accessible sidewalks, plus improved access to public transportation and enhanced roadway safety.

[Photo of Gov. Andrew Cuomo by Marc Hermann/MTA New York City Transit.]

“New York State is making historic, nation-leading investments in cleaner and more sustainable transportation infrastructure which is crucial to the growth of local economies,” New York Governor Andrew Cuomo (D) said in a statement on April 25. “These investments in bike and pedestrian enhancements across the state will help revitalize communities, reduce our carbon footprint, and demonstrate once again that New York is building for the future.”

Statewide, those 72 projects are expected to spur additional investment of more than $215 million, the governor noted, including public and private support for “local enhancements” that will “revitalize communities, promote tourism, and enhance regional economic competitiveness. “

Photo by Marc Hermann/MTA New York City Transit

He added that those projects were selected through a competitive solicitation process that aimed to “increase options for non-vehicular transportation, reduce vehicle emissions or traffic congestion, or both.” The funding, which will provide up to 80 percent of the cost of each project, is made available through the Federal Highway Administration and administered directly by the New York State Department of Transportation.

“Smart investments in all transportation sectors by Governor Cuomo are helping to spur economic growth in local communities across New York State,” noted NYSDOT Chief of Staff Todd Westhuis in a statement. “People want more access to pedestrian and bicycle-friendly accommodations in their communities, and these grants will encourage healthy living and create new opportunities for these popular modes of transportation, while improving air quality and quality of life.”

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