MEDIA RELEASE
Vice President Joe Biden and Transportation Secretary Ray LaHood have announced transportation projects funded under the American Recovery and Reinvestment Act (ARRA) are putting people to work and building a foundation for the country’s long-term economic strength.Â
Highway obligation deadline information for Hawaii; Date 50 percent met: June 19; Funds put to work: $46,222,408.61
To date, $19 billion has been obligated to fund more than 5,300 approved for highway and other transportation projects nationwide. Of those, 1,900 projects are already underway.
As part of the Administration’s effort to infuse Recovery Act funds swiftly into the economy, states are required under the Recovery Act to obligate 50 percent of their highway funds by June 29.  Working in coordination with the U.S. Department of Transportation, all 55 U.S. states and territories successfully beat this deadline at least 10 days ahead of schedule.Â
“Our No. 1 priority with the Recovery Act is getting folks back to work – and there is no better way to do that in these early days than by putting shovels in the ground and jump-starting projects like these that create jobs and boost local communities,†Biden said. “By delivering on these projects ahead of schedule and under-budget, we have been able to do even more than we expected — create more job opportunities more quickly, with more dollars left over to put toward more projects that put people back on the job.â€
ARRA funding for highway projects may be used for restoration, repair, construction, and other activities under the Surface Transportation Program.Â
Each proposed project must be approved by the Federal Highway Administration (FHWA). Governors must certify that proposed projects meet certain conditions and that the state will use ARRA funds in addition to, not in replacement of, state funding of transportation projects.
Priority is given to projects that are projected to be completed within three years, are located in economically distressed areas, or will maximize job creation and economic benefits.
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