Miles SmithThe Federal Highway Administration is making $61 billion available to help states modernize roads, bridges and tunnels and find better ways to reduce carbon emissions. The funding is allocated through the Bipartisan Infrastructure Law for FY 2024, which began Oct. 1. All 50 states, the District of Columbia and Puerto Rico will receive the formula funds.
The largest share of the funding, $54.6 billion, will go to the federal-aid highway program, which helps states build, maintain and operate highways. States receiving the most federal-aid highway funding this year include:
- Texas, $5.38 billion
- California, $5.06 billion
- Florida, $2.61 billion
- New York, $2.4 billion
- Pennsylvania, $2.26 billion
Texas will apply its allotment to projects that are part of its Unified Transportation Program. The 2024 UTP includes more than 7,000 transportation projects in various stages of development.
Florida will use its federal funds for projects that are part of its five-year work program. The five-year program includes bridge and road improvements throughout the state. For example, one project involves spending $65.5 million to extend a highway in Manatee County in 2024. Approximately 75% of Florida’s transportation budget comes from state funds.
Another $5 billion in federal funding will go to bridge replacement, rehabilitation, preservation, protection and construction. California leads formula bridge fund recipients with $574.8 million. New York is second with $409 million, followed by Pennsylvania ($353.4 million), Illinois ($297.3 million) and New Jersey ($246.1 million).
An additional $246 million will be awarded to states in the Appalachian region, including Alabama, Georgia, Kentucky, Maryland, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia. Alabama ($71 million) and West Virginia ($41.2 million) received the most funding.
More than $885 million was put toward the National Electric Vehicle Infrastructure Formula program. The program provides up to 80% of funding for state electric-vehicle projects, including charging stations.
