Local News

March 2nd, 2010 3:31 PM

AUSTIN (Austin Business Journal) – Texas expects to receive $2.25 billion for about 450 highway projects statewide from American Recovery and Reinvestment Act road construction funding.

About 320 of the projects are currently under construction.

These dollars are leveraged with state funds, including about $12 million awarded last month to Central Texas projects, according to the Texas Department of Transportation.

Nationwide, the bill signed last year is expected to pump $26.1 billion into the nation’s road infrastructure.

Vice President Joe Biden and U.S. Transportation Secretary Ray LaHood announced the funding yesterday.

Posted by Terese Peabody on March 2nd, 2010 3:31 PMPost a Comment (0)
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