Department of Transportation receives $87 million in Federal Highway Redistribution Funds
FAIRBANKS, Alaska (KTVF) - The Alaska Department of Transportation & Public Facilities (DOT&PF) received August Redistribution funds that totaled over 87 million dollars from the Federal Highway Administration (FHWA).
August Redistribution is a way for the Federal Highway Commission to redistribute funds to states that demonstrate they have met 100 percent of their federal allotment of funds and still have additional, unfunded, federal eligible transportation needs.
“We’re putting this money into our construction programs to make way for new investment,” said Ryan Anderson, DOT&PF Commissioner. “Alaska is geared up to build projects that address safety and fix our existing infrastructure.”
According to DOT&PF, “the $87 million redistribution set a record for Alaska, outpacing the previous 2015 record of $76 million. The average redistribution over the past five years is $43.5 million, making this year’s redistribution a 100 percent increase over the five year average.
The redistribution funding will be applied to the following seven projects across the State of Alaska:
- Airport Way (West) Improvements
- CY 22/23 AMATS Unified Planning Work Program
- Dalton Highway MP 17-38 (Hess Creek) Reconstruction
- Dowling Road & Seward Highway Interchange
- Knik Goose Bay Road Reconstruction Ph. 1
- Richardson Highway MP 159-167
- Sterling Highway 45-60
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