Federal infrastructure aid being used by cities to improve roads and bridges
The Infrastructure Investment and Jobs Act provides $550 billion in new cost-shared federal funds to U.S. cities and with federal infrastructure aid being dolled out, most are focusing on improving their roads and bridges. A total of 56% of 153 localities surveyed claim they are prioritizing road safety, and an additional 60% said they will be working on water projects.
The spending comes on the heels of the American Society of Civil Engineers announcing that they will need $2.6 trillion over the next decade in order to bring the nation’s infrastructure into good shape.
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