22 Highway Improvement Projects Underway or Completed in Virginia Thanks to Stimulus Law
WASHINGTON, March 8 /PRNewswire-USNewswire/ -- There are currently 22 American Recovery & Reinvestment Act (ARRA)-financed highway construction projects underway or completed in Virginia involving $128.9 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 3,586 jobs in Virginia 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 $695.7 million to Virginia for highway, bridge and related improvements. This one-time bonus added more than 81 percent to Virginia'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 $1.56 billion.
According to Buechner, a Harvard-trained economist, another 81 projects have been identified and are slated to be under construction shortly.
The following shows the number of ARRA-financed highway projects and amount obligated in each
Virginia congressional district.
Congressional District |
Number of projects |
Amount Obligated |
|
1 |
15 |
$46,042,893 |
|
2 |
2 |
$9,645,484 |
|
3 |
4 |
$3,417,579 |
|
4 |
15 |
$35,400,998 |
|
5 |
5 |
$29,807,789 |
|
6 |
5 |
$37,520,231 |
|
7 |
7 |
$39,960,354 |
|
8 |
3 |
$1,550,000 |
|
9 |
5 |
$63,700,910 |
|
10 |
3 |
$6,977,238 |
|
Multidistrict/Statewide |
39 |
$177,937,383 |
|
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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