Vermont will receive $329 million in federal infrastructure dollars for fiscal year 2024, the U.S. Department of Transportation’s Federal Highway Administration announced Thursday.
According to a press release issued Thursday by the administration, the federal dollars will be allocated directly to Vermont to help pay for critical infrastructure projects, including work on roads, bridges and tunnels, safety improvements, carbon emissions reduction and workforce development.
This latest round of infrastructure grant money comes as a result of 2021’s Bipartisan Infrastructure Law.
The feds do have some say in how the dollars are spent: Vermont’s $329 million is divided among 12 different formula programs. The largest pieces of the state’s pie are for the National Highway Performance Program ($151 million), Surface Transportation Block Grant ($74 million) and the Bridge Formula Program ($45 million).
Republican Gov. Phil Scott, in a written statement on Thursday, called the latest round of federal funding “critical as we work to revitalize communities in all corners of the state.”
“This funding, in addition to (American Rescue Plan Act) dollars and historic state investments we’re making, will work together to build stronger, more resilient communities and lay the foundation for long term success,” Scott continued. “I once again thank the President, our congressional delegation, and both Republicans and Democrats in Congress for working together to pass this historic law.”
