(JUNEAU, Alaska) —Over $87 million was pumped into Alaska’s economy this August when Alaska Department of Transportation & Public Facilities (DOT&PF) received August redistribution funds from the Federal Highway Administration (FHWA).
August Redistribution is a mechanism to redistribute funding authority to states that demonstrated they have met 100 percent of their federal allocation and have further, unfunded, federally 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.”
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 seven projects, including:
The Alaska Department of Transportation and Public Facilities oversees 237 airports, 9 ferries serving 35 communities along 3,500 marine miles, over 5,600 miles of highway and 839 public facilities throughout the state of Alaska. The mission of the department is to “Keep Alaska Moving through service and infrastructure.”
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