Colorado has allocated $67.5 million from its Proposition 123 Equity Program to develop 1,017 affordable rental units across 11 projects statewide. The funding is drawn from the Affordable Housing Financing Fund, established by voter-approved Proposition 123 in November 2022. Under the measure, up to 0.1% of the state’s taxable income—approximately $290 million annually—is redirected into […]
The Tri-County Metropolitan Transportation District (TriMet) in Oregon has adopted a $1.96 billion budget for Fiscal Year (FY) 2026. The budget prioritizes the bus, MAX light rail, WES commuter rail and LIFTT paratransit services. The adopted budget reflects significant cuts compared to previous years in anticipation of a projected $50.2 million deficit next year. The […]
The White House’s Council on Environmental Quality (CEQ) has unveiled a plan to modernize federal environmental review and permitting processes for major infrastructure projects. The Permitting Technology Action Plan seeks to streamline procedures and enhance efficiency on projects that involve roads, bridges, mines, factories and power plants. Elements of the plan include establishing minimum functional […]
The Local Government Commission (LGC) in North Carolina has approved the financial applications for almost $530 million for projects across multiple counties. The bonds may be used for school improvements, park construction, water infrastructure projects and other public service initiatives. Orange County has received approval for $378 million in bonds, primarily for school constructions, expansions […]
The U.S. Department of Transportation has unveiled a report for a compliance review on a long-anticipated high-speed rail (HSR) project in California. The compliance review report, conducted by the DOT’s Federal Railroad Administration (FRA), proposes the termination of contract agreements with the potential to rescind previous grants worth nearly $4 billion. This report follows the […]
The Ohio Department of Transportation (ODOT) has announced nearly $52 million in grants for multimodal and pedestrian infrastructure projects across the state. The grants will be distributed to projects across 33 counties to improve safety for vehicles, cyclists and pedestrians. ODOT’s Transportation Alternatives Program (TAP) provides funding for projects including transportation alternatives, infrastructure for improving […]
Travelers between California’s Westside and the San Fernando Valley could soon see their commute time cut in half, thanks to a multibillion-dollar transportation project. The Los Angeles County Metropolitan Transportation Authority (LA Metro) said the proposed Sepulveda Transit Corridor Project would provide an alternative for the 400,000 people who cross the Sepulveda Pass each weekday. […]