Billions for Construction Accounts to Aid Rebuilding Efforts
A bipartisan group of Senators have introduced a disaster aid package, S. 572, that would provide roughly $13.6 billion in emergency supplemental funding. The bill will provide aid for areas of the country affected by the natural disasters of 2018. AGC previously reported that House and Senate negotiators failed to include disaster aid in the compromised funding bill for FY 2019 on February 14. Click “read more” to see a breakdown of notable construction accounts that would receive funding if this new legislation were enacted.
Notable construction accounts that would receive funding under this legislation include:
- $1.65 billion for the Federal Highway Administration’s emergency relief program to repair damaged roads and highways.
- $740 million for Army Corps Civil Works construction projects to reduce flood and storm damages.
- $225 million for the Mississippi River and Tributaries to rehabilitate and repair Army Corps projects.
- $1.06 billion for the Housing and Urban Development Department’s Community Development Fund. Some of the funding will be used for long-term recovery and infrastructure restoration.
- $857 million to rebuild damaged military facilities for the Navy, Marine Corps, Air Force, and Army National Guard.
As of Feb. 28, the bill has not been scheduled for a vote in the Senate. There is potential for this package to get included into similar legislation in the coming weeks.
For more information, contact Jordan Howard at email@example.com or (703) 837-5368.
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