Affordable Housing Projects Are Offered Numerous Incentives, Funding Support and More

Feb. 7, 2024 by Mary Scott Nabers Some people know about Public Facility Corporations (PFCs), but only a few, it seems. Public officials, however, are very familiar with PFCs because affordable housing and essential housing facilities are at the top of their priority list. PFCs are commonly involved in delivering housing options throughout the country. A […]

Some of the largest infrastructure projects will involve tunnels

Aging tunnels in America, coupled with the country’s continued growth, have created an extremely high demand for attention. The imminent repair and replacement will result in significant growth in the tunnel construction market in North America over the next several years. Thousands of tunnels are in dire need of attention because every state has hundreds, […]

Hundreds of Bridge Repair and Replacement Projects Will Launch Soon

It is shocking to realize that more than 42% of America’s 617,000 bridges are more than half a century old, and one-third of them are in dire need of repair or replacement. Even more sobering is the fact that 46,000 U.S. bridges are considered structurally deficient or in poor condition, given that 178 million trips […]

Water infrastructure upgrades and expansion projects will likely reach historic numbers in 2024

by Mary Scott Nabers When the Bipartisan Infrastructure Bill (BIL) went into effect in 2021, it included the largest funding allocation ever made for water infrastructure – $55 billion for projects to improve access to clean drinking water throughout the United States. The Environmental Protection Agency (EPA) was selected to allocate these funds to state and […]

Recent $8.1 billion allocation for rail projects should stir some interest in 2024

by Mary Scott Nabers Last week, the Federal Railroad Administration (FRA) announced $8.1 billion in funding for passenger rail projects. The funding is a part of the Bipartisan Infrastructure Act that Congress passed several years ago, but the funding now is flowing aggressively. This type of historic support is facilitating an abundance of rail projects throughout […]

A large 2024 market sector that should not be overlooked

A large 2024 market sector that should not be overlooked by Mary Scott Nabers Several months ago, the Americans with Disabilities Act (ADA) celebrated its 33rd anniversary. The law, which prohibits discrimination against people with disabilities, currently covers support and assistance for approximately 42 million people in America. Mandated compliance with ADA statutes creates a large […]

$492 billion in infrastructure funding remains to be allocated… but it all ends in 2026

by Mary Scott Nabers Two years after the passage of the Infrastructure Investment and Jobs Act (IIJA), also called the Bipartisan Infrastructure Law (BIL), an estimated $492 billion remains in federal funding for American infrastructure projects. However, it is crucial to note that there’s a ticking clock because the remaining funding is allocated solely for use […]