The U.S. Department of Transportation’s Federal Highway Administration (FHWA) is flowing $59.9 billion of fiscal year (FY) 2023 funding apportionments to states under 12 formula programs to support investment in critical infrastructure utilizing funding from President Biden’s Bipartisan Infrastructure Law.
The new money is going directly to all 50 states, the District of Columbia, and Puerto Rico to help fund the important work of rebuilding roads, bridges, and tunnels, supporting carbon emission reduction, and supporting safety improvements.
“America’s roads and bridges are the vital arteries of our transportation system, connecting people and goods across the country,” U.S. Transportation Secretary Pete Buttigieg said in a press release. “Because of President Biden’s Bipartisan Infrastructure Law, today we are sending historic levels of funding to every state to help modernize the roads and bridges Americans rely on every day.”
The Bipartisan Infrastructure Law – signed into law by President Biden in Nov. 2021 – contains the single largest investment dedicated to American transportation infrastructure since the construction of the Interstate Highway System in the 1950s and 1960s.
“This funding we are announcing will allow States to continue the important work of President Biden’s Bipartisan Infrastructure Law that will make our infrastructure safer and more efficient for the tens of millions of American families that count on it to get to school, work, and critical medical care every day,” said Acting Federal Highway Administrator Stephanie Pollack.
The nearly $60 billion in funding for FY 2023 marks the second year of funding under the Infrastructure Law, and an increase of $15.4 billion in formula programs compared to FY2021, the last fiscal year before the Bipartisan Infrastructure Law was implemented.
Funding from the Bipartisan Infrastructure Law has already been used to help address long-overdue needs in every state in the nation. FHWA said that over the past year funding from the Bipartisan Infrastructure Law has been used to support:
- Repairs on more than 2,400 bridges through the Bridge Formula Program;
- Bridge and highway resilience projects under the Promoting Resilient Operations for Transformative, Efficient, and Cost-Saving Transportation (PROTECT) Formula Program;
- Improvements on 5,300 projects under the Highway Safety Improvement Program; and
- Work on 6,000 projects under the National Highway Performance Program.