U.S. Department of Transportation Announces $158.1 Million Grant Award for Northwest Extension Phase II Light Rail Project in Phoenix
PHOENIX – U.S. Transportation Secretary Pete Buttigieg and Federal Transit Administration (FTA) Administrator Nuria Fernandez today joined officials in Phoenix to announce a construction grant award of $158.1 million to the City of Phoenix and Valley Metro for the Northwest Extension Phase II Light Rail Project. In addition, they highlighted funding that will be available for similar transit projects under the Bipartisan Infrastructure Law, signed by the President earlier this week. The 1.6-...
U.S. Secretary of Transportation Buttigieg Announces Nearly $1 Billion in Grant Awards for America's Infrastructure
WASHINGTON – U.S. Secretary of Transportation Pete Buttigieg today announced that the Biden Administration will invest nearly $1 billion in American infrastructure through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) discretionary grants program. The funding has been awarded to 90 projects in 47 states and the District of Columbia and Guam. “We’re proud to support these great projects that will improve infrastructure, strengthen supply chains, make us safer,...
Infrastructure Investment and Jobs Act to provide Wisconsin with $1 Billion in needed resilience, water equity and infrastructure assistance
CHICAGO – Wisconsin will see $1 billion in water infrastructure, resiliency and water equity funding, as part of the historic Infrastructure Investment and Jobs Act, the largest long-term investment in U.S. infrastructure in nearly a century. “For decades, water infrastructure in Wisconsin has received insufficient investment,” said Mayor Tom Barrett of Milwaukee, Wisconsin. “The American Society of Civil Engineers gave Wisconsin a C grade on its infrastructure report card and this historic...
Expansion of Qualified Private Activity Bond Categories Under the Infrastructure Act
On November 15, President Biden signed the Infrastructure Investment and Jobs Act (PL 117-58) into law. This Act introduces more than $550 billion in new infrastructure spending in addition to reauthorizations of existing programs for a total of $1.2 trillion in federal infrastructure investment in local communities over the next eight years. The spending covers broadband infrastructure; air quality improvements; road, bridge, and tunnel repairs and reconstruction; rail and transit improvements;...
U.S. Department of Transportation Announces $2 Million Funding Opportunity to Advance Innovation in Transit
WASHINGTON – Today the U.S. Department of Transportation's Federal Transit Administration (FTA) announced a Notice of Funding Opportunity (NOFO) for $2 million in competitive grant funding for projects that improve experience and mobility for transit riders. FTA's Enhancing Mobility Innovation Program supports innovations that encourage people to get on board, such as integrated fare payment systems and user-friendly software for on-demand public transportation. The Enhancing Mobility Innovat...
Nevada to Receive $2.5 Billion in Transportation Funding Under Five-Year Federal Legislation
CARSON CITY, Nev. – The Nevada Department of Transportation is applauding the signing of the new five-year federal infrastructure funding bill, which will support the Department’s ability to maintain and build the State’s vast network of roads, highways, and bridges. The funding bill will provide $2.5 billion to the Nevada State Highway Fund over the course of five years. Over the next year, that will mean an additional $83.5 million, an approximate 21 percent increase, in federal transport...
The Autodesk Foundation and Siegel Family Endowment Invest in ASME’s Engineering for Change Research Fellowships
Executives from both organizations will participate in Impact.Engineered virtual event, Dec. 2 NEW YORK — With its focus on positive social and environmental impact, the American Society of Mechanical Engineers (ASME)’s Engineering for Change (E4C) Research Fellowship Program continues to attract investment from major funders. The Autodesk Foundation has renewed its support for an additional year with a $250,000 commitment to fund 25 E4C fellowships, and the Siegel Family Endowment has pledg...
Video: November Economic Update 2021 from ACEC
ACEC's VP of Private Market Resources, Erin McLaughlin, takes a look at the current economic trends impacting the A/E industry.
New Mexico utilities to invest more than $11 million in electric vehicle infrastructure and education programs
The Public Service Company of New Mexico can invest $10 million in a suite of electric vehicle programs, with more than $3 million targeting low- and moderate-income families, a promising first step for delivering the economic and health benefits of electric vehicles to all New Mexicans. The Public Regulation Commission also authorized El Paso Electric to invest more than $1.2 million in electric vehicle infrastructure and education in its southern New Mexico territory. [SANTA FE, NM] – ...
Louisiana to receive nearly $6 billion from Infrastructure Investment and Jobs Act
Baton Rouge – Today, the Louisiana Department of Transportation and Development announced that the state is slated to receive nearly $6 billion from the Infrastructure Investment and Jobs Act (IIJA) after the United States House of Representatives passed the bipartisan bill, which was passed by the U.S. Senate this past August. The IIJA is the largest dedicated highway and bridge investment since the construction of the interstate highway system. In addition, Louisiana is well positioned to comp...