Soil Connect - Wed December 02, 2020
Soil Connect Raises $3.25M in Seed Funding to Support Soil, Aggregates Marketplace
Soil Connect, an institutionally-backed digital marketplace focused on the multi-billion dollar soil and aggregates industry, announced the closing of its $3.25 million seed funding round led by TIA Ventures, a New York City-based seed-stage fund that invests in extraordinary companies led by high-execution teams....
NJ.com - Mon November 30, 2020
N.J. Spends $10M to Keep Turnpike, Service Area Work on Schedule
The New Jersey Turnpike Authority (NJTA) is plowing more money into keeping new service area construction on target, agreeing to spend up to another $10 million on behalf of a company that said it had been hampered by revenue losses because of the coronavirus....
Morning Call - Wed November 25, 2020
PA Lawmakers Look for Solutions to PennDOT's $600M Funding Shortfall
Conversations among Pennsylvania lawmakers, state Treasurer Joe Torsella and PennDOT officials in Harrisburg failed to produce a solution Nov. 24 to a $600 million funding shortage that was unknown to budget negotiators a few weeks earlier and now threatens thousands of jobs....
CentralJersey.com - Thu November 12, 2020
N.J. Libraries to Get State Funds to Replace Aging Infrastructure
New Jersey Gov. Phil Murphy delivered a list of proposed projects for the first round of funding from the Library Construction Bond Act (LCBA) to the Legislature on Nov. 5. The LCBA authorized $125 million in state bonds to fund critical improvements to public libraries in New Jersey....
Monroe Journal - Mon November 09, 2020
Mississippi Lottery Helps Fund U.S. Highway 278 Repaving
Monroe County, Miss.,'s most traveled east-west thoroughfare is undergoing a much-needed repaving, strictly funded by proceeds from the Mississippi Lottery. According to Drew Parker of the Mississippi Department of Transportation's (MDOT) Monroe County project office, the final leg of work on U.S....
Arkansas Times - Thu November 05, 2020
Little Rock, Ark., Gets $3M Grant to Build Part of Tri-Creek Greenway
The Central Arkansas transportation planning agency Metroplan has awarded Little Rock $3 million to build a large section of the 6-mi. Tri-Creek Greenway, a 12-ft.-wide off-street bicycle and pedestrian route that will connect city parks in the southwestern part of the city....
Patch Philadelphia - Mon November 02, 2020
North Philadelphia Construction to Get More Than $16M in Funds
A portion of Ridge Avenue in north Philadelphia is getting a boost of funding to help build a shopping complex and almost 100 housing units. Pennsylvania Gov. Tom Wolf announced Oct. 29 that Commonwealth Cornerstone Group has completed a New Markets Tax Credit transaction of $16.5 million to help fund construction of a new shopping complex and 98 mixed-income units of rental housing along the 2000-2200 block of Ridge Avenue in North Philadelphia....
Minnesota Public Facilities Authority - Tue September 29, 2020
Public Facilities Authority Announces $122M for Water Projects in Minnesota
The Minnesota Public Facilities Authority (PFA) announced $122 million in loans and grants in the first half of 2020 for water and infrastructure projects in 24 communities throughout Minnesota. The PFA administers and oversees the financial management of three revolving loan funds and other programs that help local units of government construct facilities for clean water, drinking water and transportation infrastructure projects....
The Center Square - Thu September 24, 2020
N.C.'s Transportation Funding Could Be Short for Another 30 Years
North Carolina's transportation needs exceed its resources, members of the NC FIRST Commission said Sept. 21. Ward Nye, co-chairperson of the commission, explained that the state's funding model could continue to cause project delays for the next 30 years....
Lucy Perry – CEG CORRESPONDENT - Wed September 23, 2020
Industry Hopes for Quick Action on FAST Act Extension
The transportation construction industry anticipates the one-year extension of the FAST Act surface transportation authorization, which is set to expire at the end of September. Passage of the extension looks likely after Congress reached a tentative agreement on Sept....
