Monday, September 12, 2016

Inaugural FASTLANE Grants Leverage $3.6 Billion to Support Transportation Infrastructure

WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced 18 infrastructure projects across the country that will receive federal grants as part of the new Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) program.
The grants, totaling nearly $800 million, will be combined with other funding from federal, state, local, and private sources to support $3.6 billion in infrastructure investment in 15 states and the District of Columbia.
“The FAST Act gave us a set of tools to begin addressing America’s infrastructure deficit, and we have been moving full speed ahead to get critical road, rail, and port projects off the ground across the country,” said Secretary Foxx.  “From eliminating traffic bottlenecks and enhancing port capacity to overhauling a major freight corridor, the 18 inaugural FASTLANE grants will enable people and goods to move more efficiently.”
On Wednesday afternoon, Secretary Foxx was joined by Seattle Mayor Ed Murray and Massachusetts Transportation Secretary Stephanie Pollack on a national call with reporters to highlight the new FASTLANE grant awards. A few examples of this year’s FASTLANE awards include:
  • In Virginia, the Atlantic Gateway project is a corridor approach to improving mobility across the Eastern seaboard. Combining a $165 million FASTLANE grant with public and private funding from multiple partners, it improves and expands key segments of the corridor.
Read the rest of the story here.

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