Federal departments announce about $280M in funding for Alaska projects
July 1, 2024
Three departments of the U.S. government have announced they have awarded about $280 million in new funding for transportation and energy projects in Alaska, money made available through the Infrastructure Investment and Jobs Act of 2021 and the Inflation Reduction Act of 2022.
In its announcement, the U.S. Department of Transportation said on Wednesday that it is sending about $54 million, with the funds made possible by the bipartisan 2021 infrastructure bill, to three Alaska projects.
Separately, the U.S. Department of the Interior announced that Alaska will receive $25 million to plug and clean oil and gas wells drilled in the past and then abandoned.
