Transportation Financing

It takes a lot of money to keep the transportation infrastructure of the Miami Valley in tip-top shape. Funding for new interchanges, fixing bridges, re-surfacing roads, paving bike paths, building sidewalks, and helping older adults find rides all depends on a steady flow of funding.

2022 STP, CMAQ, TA and CR Applications Received

On September 1, 2022 the Board formally authorized MVRPC staff to solicit qualified member jurisdictions for new transportation projects using MVRPC regionally controlled federal funds (STP, CMAQ, TA and CR).  Subsequently, staff solicited MVRPC area jurisdictions beginning on September 6, 2022. These applications for Funds were received by the October 6, 2022 deadline.

 

2021 STP, CRRSAA, AND TA APPROVED PROJECT FUNDING

On March 3, 2022, the MVRPC Board approved over $32.4 million for 51 STP, CRRSAA, and TA projects. Please see the detailed project award lists below.

Infrastructure Investment and Jobs Act (IIJA) Federal Transportation Act

MVRPC monitors the Federal Transportation Act for funding options. The Surface Transportation Program helps with roadway projects.  The Congestion Mitigation Air Quality program funds alternative modes and projects that reduce congestion such as signal interconnections.  The Transportation Alternatives program primarily funds non-motorized transportation needs.   The Carbon Reduction program provides funding for projects that support a reduction in transportation emissions, defined as carbon dioxide (CO2) emissions from on-road sources. MVRPC works with local agencies to solicit federal funding and has been involved in distributing federal stimulus funding.

The Infrastructure Investment and Jobs Act (Public Law 117-58, also known as the “Bipartisan Infrastructure Law” (BIL)), was signed into law by President Biden on November 15, 2021.  The IIJA is the largest long-term investment in our infrastructure and economy in our Nation’s history.  It provides $550 billion over fiscal years 2022 through 2026 in new Federal investment in infrastructure, including roads, bridges, and mass transit, water infrastructure, resilience, and broadband.  IIJA builds on the initiatives established in the Fixing America’s Surface Transportation (FAST) Act, Moving Ahead for Progress in the 21st Century Act (MAP-21), and previous authorizing legislation for surface transportation.   For more information please visit https://www.fhwa.dot.gov/bipartisan-infrastructure-law/