/ Financial / President Biden and U.S. Department of Transportation Announce $1.14 Billion for Puerto Rico and U.S. Territories

President Biden and U.S. Department of Transportation Announce $1.14 Billion for Puerto Rico and U.S. Territories

Parul Dubey on March 1, 2022 - in Financial, News

Bipartisan Infrastructure Law delivers over 14% increase in funding to repair and rebuild roads and bridges 

WASHINGTON – President Biden and the U.S. Department of Transportation today announced more than $1.14 billion to repair and rebuild roads and bridges in Puerto Rico and four U.S. territories – American Samoa, the Commonwealth of the Northern Mariana Islands, Guam and the U.S. Virgin Islands – under the Bipartisan Infrastructure Law, also known as the Infrastructure Investment and Jobs Act. The total amount being made available to Puerto Rico and the U.S. territories in Fiscal Year 2022 is $219 million.

The historic legislation will improve life for residents in Puerto Rico and the territories and create good-paying jobs and economic growth. Specifically, it will help repair and rebuild roads and bridges, allowing for funds to be applied to climate change mitigation, resilience, equity, and safety for all users, including cyclists and pedestrians. 

“This funding will help Puerto Rico and the territories improve their highway networks, stimulate economic opportunity and increase highway safety,” Deputy Federal Highway Administrator Stephanie Pollack said. “Today’s funding will help move forward major repairs to highways and bridges and improve transportation systems on these islands.” 

The Bipartisan Infrastructure Law will provide over a 14% increase in funding for Puerto Rico and the territories to make critical road and bridge investments compared to the funding provided in the Fixing America’s Surface Transportation Act. Over the five years of the Bipartisan Infrastructure Law, Puerto Rico will receive more than $900 million and the four Territories will receive $240 million.  In Fiscal Year 2022, FHWA will provide $173 million in funding for Puerto Rico and a total of nearly $46 million for four U.S. territories to pay for critical infrastructure needs.   

The Transportation Equity Act for the 21st Century of 1998 established the Puerto Rico Highway Program. The Federal-Aid Highway Act of 1970 created the Territorial Highway Program, and subsequent legislation continued the program. The Bipartisan Infrastructure Law continues to provide dedicated funding to assist each territory in the construction and improvement of a system of arterial and collector highways, and necessary inter-island connectors.   
 
For additional information, please see the Territorial and Puerto Rico Highway Program Fact Sheet.

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