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$1.2 billion investment into Appalachian infrastructure across 11 states

$1.2 billion investment into Appalachian infrastructure across 11 states

The Biden administration announced a $1.2 billion investment into Appalachian infrastructure across 11 states in cooperation with the Department of Transportation (DOT), with close to $35 million…

The Biden administration announced a $1.2 billion investment into Appalachian infrastructure across 11 states in cooperation with the Department of Transportation (DOT), with close to $35 million earmarked for Tennessee and Virginia this year. According to a release from the Department of Transportation, the contribution will increase funds for the Appalachian Development Highway System by 146% compared to the previous fiscal year. Over the next five years, the bill will provide more than $1.2 billion to states within the system, and fiscal year 2022 will see $246 million distributed for use.

Below is a state-by-state breakdown of the funds:

Alabama

73,875,000

Georgia

13,631,405

Kentucky

13,593,036

Maryland

11,072,956

Mississippi

10,285,444

North Carolina

16,149,326

Categories:Property Impacts