Tag: federal funds

September 18, 2023

Traders in interest rate futures shrugged off the report of faster inflation, setting 97% odds that the Fed after a two-day meeting on Sept. 20 will hold the federal funds rate at the current level, according to the CME FedWatch […]

October 7, 2022

To stem the tide against state closures of unsafe bridges, Louisiana will receive $270 million in federal funds to fix locally owned off-system bridges. Gov. John Bel Edwards joined state Department of Transportation and Development officials Oct. 5 to tour […]

July 28, 2022

Federal funds to enhance safety and connectivity across the country’s mobility networks will become available over the next few months to help state agencies make improvements to freight corridors, and also propel adoption of new technologies throughout the transportation landscape. […]

February 26, 2021

A national program that promotes safety features for street designs recently was introduced by transportation policymakers. The Complete Streets Act would require state agencies to use federal funds for what are known as “complete streets” projects. Such projects are meant […]

November 19, 2020

Washington State Department of Transportation (WSDOT) officials said the agency is seeking public review and comment regarding the agency’s 2021-2024 Statewide Transportation Improvement Program (STIP). The STIP incorporates more than 1,100 statewide transportation projects using $3.7 billion in federal funds. […]

November 11, 2020

Pennsylvania state officials said the Appalachian Program Development (APD) has earmarked $6 million in federal funding to aid the resumption of environmental studies regarding the U.S. 219 expansion. Authorities indicated the effort seeks to upgrade Somerset County’s last remaining two-lane […]

November 9, 2020

The Federal Aviation Administration (FAA) is encouraging airport sponsors to submit funding applications through the Military Airport Program (MAP) to increase civilian aviation capacity by financing a myriad of projects. The FAA said Fiscal Year 2021 applications would be accepted […]

February 23, 2017

Lawmakers in Minnesota will try to shift federal funding away from a planned light-rail route between Minneapolis and its southwestern suburbs and spend it instead on general road and bridge repair, the St. Paul Pioneer Press reports. GOP legislators have […]