Louisiana obtains emergency federal funds

0

[Stay on top of transportation news: Get TTNews in your inbox.]

President Joe Biden recently enacted a government funding bill that provides nearly $ 30 billion in emergency aid to help Louisiana and the surrounding area still recovering from Hurricane Ida.

State officials say the funding will help recovery efforts and improve mobility. Various transport corridors were severely affected after the natural disaster.

Representative Garret Graves (R-La.), A member of the transportation and infrastructure committee, approved emergency funding, included in legislation that maintains federal government funding until December 3.

“We are exactly one month away from the onset of Hurricane Ida and our efforts to provide post-hurricane recovery assistance for the citizens of southern Louisiana are already paying off. We have people living in tents at home with no electricity while politicians in Washington, DC argue over how many tens of billions of debt is an acceptable amount to mortgage the future of our children and grandchildren. They tried to politicize aid last week and despite the chaos we were able to achieve victories, ”said the congressman.

Graves continued, “This bill will provide direct assistance to individuals and families to help rebuild communities and homes.”

Energy and Natural Resources Committee member Senator Bill Cassidy (R-La.) Added, “It is essential that our communities and people rebuild their lives. It took too long, especially for those in southwest Louisiana, but to achieve it is a huge victory for our state. “

Separately, freight and commuter corridors critical to rural connectivity in the state will receive federal funds, the US Department of Transportation recently announced.

“If you take a look at the storm damage in Louisiana over the past year, you know our people need disaster relief. I am grateful that the Senate did the right thing by voting to send aid to our state, expand the flood insurance program Louisianans depend on, and keep government open, ”observed Senator John Kennedy ( R-La.), Member of the budget committee.

The Louisiana State Bond Commission has obtained a direct loan of $ 36.4 million to facilitate the completion of two projects. The Union Pacific Railroad Viaduct Project in the Parish of Morehouse and Segment 3 of Hwy 3241 / Hwy 435-40 in the Parish of St. Tammany are part of a four-project program to help reduce congestion and improve road safety in rural parts of the state. . Traffic congestion is a major obstacle to trade, contributing to reductions in efficiency and productivity, according to freight stakeholders.

RELATED: FHWA grants emergency relief funding to Louisiana

In recent years, the ministry has intensified its efforts to meet the needs of rural areas. Building on TIFIA loans as well as the Rural Projects Initiative, funding has increased for projects across rural corridors. The initiative, according to the department, aims to help communities who “often struggle to identify the financial resources needed to fund critical infrastructure projects, which are critical to improving the economy and improving the quality of life for all. Americans “.

“Without adequate roads, bridges, tunnels, freight and transit systems, rural communities often lack efficient transport access to medical care, to get to school and work, or even to work. grocery store ”, depending on the context that the department has made available.

The ministry said it had made available funds for grants targeting rural projects with the aim of promoting the economy and improving security. The Transportation Infrastructure Finance and Innovation Act, or TIFIA, loan is administered by the department’s Build America Bureau. The office is designed to help cover costs and advance the completion of major projects.

Want more news? Listen to today’s daily briefing below or go here for more information:



Source link

Leave A Reply

Your email address will not be published.