DOT Makes Unused Funds Available to States for New Transportation Projects
New use it or lose it "We
Can't Wait" action allows states to identify projects they want to fund using
unspent earmarked funds from 2003 to 2006
A new DOT plan, effective August 17, allows state
departments of transportation to utilize unspent earmarked highway funds on
eligible highway, transit, passenger rail or port projects. For Texas, the
available funds amount to more than $30 million.
"My administration will continue to do everything we
can to put Americans back to work," said President Barack Obama. "We're
not going to let politics stand between construction workers and good jobs
repairing our roads and bridges."
"We are freeing up these funds so states can get
down to the business of moving transportation projects forward and putting our
friends and neighbors back to work," said Transportation Secretary Ray
LaHood.
For more information, consult the White House press
release at by clicking here or go directly to the FHWA website by clicking here.
View the summary of idle earmarked funds for Texas by clicking here.