11 Highway Improvement Projects Underway or Completed in The District of Columbia Thanks to Stimulus Law
WASHINGTON, March 8 /PRNewswire-USNewswire/ -- There are currently 11 American Recovery & Reinvestment Act (ARRA)-financed highway construction projects underway or completed in The District of Columbia involving $94.1 million in funds, according to data released today by the Washington, D.C.-based American Road & Transportation Builders Association (ARTBA). The projects underway or completed have supported or are supporting 2,618 jobs in The District of Columbia that would otherwise not exist, says ARTBA Vice President of Economics & Research Dr. Bill Buechner.
ARRA, signed into law on February 17, 2009, provided $48 billion for transportation improvements over two years, including $27.5 billion for highway, bridge and related construction projects nationwide. The law is having significant impacts on the transportation construction industry in all 50 states.
ARRA provided $123.5 million to The District of Columbia for highway, bridge and related improvements. This one-time bonus added more than 97 percent to The District of Columbia's regular federal highway funds under the current federal surface transportation law—Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU)—bringing the state's total federal highway funding in 2009 to a record $250.3 million.
According to Buechner, a Harvard-trained economist, another 4 projects have been identified and are slated to be under construction shortly.
A full report can be obtained by contacting ARTBA's Jeff Solsby at [email protected] or 202-289-4434.
For 108 years, ARTBA has represented the U.S. transportation design and construction industry before Congress, the White House, federal agencies, news media and general public.
SOURCE American Road & Transportation Builders Association
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