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The program has been known as RAISE since 2021, and has awarded 90 projects across 47 states plus the District of Columbia and Guam in 2021, 166 projects across 50 states and various territories in 2022, and 162 projects across 50 states and various territories in 2023. [11] In 2023, the program received $2.2 billion in federal funding. [12]
It authorizes the DOT to create an organization called the Advanced Research Projects Agency–Infrastructure (ARPA–I), with a broad remit over transportation research akin to DARPA, HSARPA, IARPA, ARPA-E, and ARPA-H, [73] with the first appropriations of $3.22 million being made in the Consolidated Appropriations Act, 2023.
Two years after President Joe Biden signed a $1 trillion infrastructure bill into law, his administration has launched 40,000 projects aimed at rebuilding America, according to his infrastructure ...
In the 1820s, infrastructure projects were promoted as a component of the American System by Henry Clay. Infrastructure spending fell dramatically after the Panic of 1837, and the next major period of infrastructure spending would not take place until 1851. By 1860, $119.8 million had been spent on internal improvements, with $77.2 million of ...
Interior Secretary Deb Haaland visited Tyrell County to announce infrastructure funding, raising hopes of boosting ecotourism. An Eastern North Carolina attraction will be overhauled with money ...
Public infrastructure is a relatively low-risk, high-reward investment, and combining it with complex arrangements and contracts that guarantee and secure the cash flows make PPP projects prime candidates for project financing. The equity investors in SPVs are usually institutional investors such as pension funds, life insurance companies ...
The city of Gardner just received a $1.2 million grant to help with its downtown revitalization plans. Here's how it will be used.
American Recovery and Reinvestment Act of 2009; Long title: An Act making supplemental appropriations for job preservation and creation, infrastructure investment, energy efficiency and science, assistance to the unemployed, State, and local fiscal stabilization, for the fiscal year ending September 30, 2009, and for other purposes.