New Jersey Governor Phil Murphy announced that the Federal Highway Administration (FHWA) has awarded an additional $425 million in federal transportation dollars to the New Jersey Department of Transportation (NJDOT) for transportation projects as part of the Federal August Redistribution process.
Each year, August Redistribution provides an opportunity for the FHWA to increase spending authority to state DOTs based on the availability of unused funds. Use of these funds must be approved by the FHWA no later than September 30, 2023. The FHWA provided $425 million in redistributed spending authority. This is the highest amount New Jersey has ever received, and the fourth-highest award nationwide, only behind California, Pennsylvania, and Texas. Since Governor Murphy took office in 2018, the NJDOT has received $830 million in August Redistribution funds, more than four times the amount in the prior ten years.
The NJDOT was able to program such a significant amount of money thanks to strong collaboration with the FHWA under the leadership of FHWA Administrator Shailen Bhatt. Ultimately, the additional spending will be split, with $315 million for NJ TRANSIT projects and $110 million for NJDOT projects.
-via Press Release