46 Highway Improvement Projects Underway or Completed in New Jersey Thanks to Stimulus Law
WASHINGTON, March 8 /PRNewswire-USNewswire/ -- There are currently 46 American Recovery & Reinvestment Act (ARRA)-financed highway construction projects underway or completed in New Jersey involving $418.4 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 11,642 jobs in New Jersey 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 $651.8 million to New Jersey for highway, bridge and related improvements. This one-time bonus added more than 75 percent to New Jersey'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 $1.51 billion.
According to Buechner, a Harvard-trained economist, another 107 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
New Jersey congressional district.
Congressional District |
Number of projects |
Amount Obligated |
|
1 |
14 |
$106,066,413 |
|
2 |
12 |
$95,232,273 |
|
3 |
5 |
$13,819,170 |
|
4 |
12 |
$30,262,105 |
|
5 |
12 |
$19,496,741 |
|
6 |
4 |
$41,692,498 |
|
7 |
7 |
$14,127,209 |
|
8 |
15 |
$56,334,035 |
|
9 |
13 |
$100,901,245 |
|
10 |
7 |
$61,324,573 |
|
11 |
20 |
$31,112,624 |
|
12 |
6 |
$11,619,087 |
|
13 |
7 |
$10,730,114 |
|
Multidistrict/Statewide |
19 |
$45,989,580 |
|
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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