The truck driving industry is anticipating a sizable increase in funding in the near future. The U.S. Department of Transportation (DOT) announced that $24 million will be given to the industry for new regional infrastructure projects.
The DOT published a press release announcing the funding, as well as the program it originally stems from. The Regional Infrastructure Accelerators (RIA) program, funded by the Build America Bureau, was implemented to serve, finance, and develop infrastructure projects. They help overcome and surpass barriers for credit-worthy projects by providing funding and encouraging best practices in project planning, studies and analysis, and preliminary engineering and design.
“We are pleased to expand the Regional Infrastructure Accelerator program to 24 regions, helping communities build capacity and get much-needed transportation projects underway,” said U.S. Transportation Secretary Pete Buttigieg. “DOT partners with these regions to help them secure financing and develop in-house expertise for innovative delivery of regionally significant projects.”
The awardees for the 2023 Regional Infrastructure Accelerator funding and their respective awarded funding are listed below.
- California DOT (Sacramento, California) — $2 million
- Metropolitan Atlanta Rapid Transit Authority (Atlanta) — $1.75 million
- Pacific Northwest Economic Region (Seattle) — $2 million
- State of Louisiana Executive Office (Baton Rouge, Louisiana) — $2 million
- Montgomery County Department of Transportation (Rockville, Maryland) — $2 million
- Regional Transportation Commission of Southern Nevada (Las Vegas) — $2 million
- Centralina Council of Governments (Charlotte, North Carolina) — $1.75 million
- City of Tampa (Tampa, Florida) — $1.75 million
- San Diego Association of Governments* (San Diego, California) — $1.75 million
- Central Puget Sound Regional Transit Authority (Seattle) — $1.75 million
- Fresno Council of Governments* (Fresno, California) — $1.75 million
- Bay Area Rapid Transit District (San Francisco) — $1.75 million
- City of Fort Lauderdale (Fort Lauderdale, Florida) — $974,000
- County of Bernalillo (Bernalillo, New Mexico) — $974,000
Source: The Trucker
