More than $8 Billion Across the Country

President Barack Obama, Vice President Joe Biden, and U.S. Transportation Secretary Ray LaHood have announced that $103,304,242 from the American Recovery and Reinvestment Act (ARRA) will be made available for North Carolina’s public transportation funding needs. The money is part of $8.4 billion designated for repairing and building America’s public transportation infrastructure.

“All over the country, resources are being put to work not only creating jobs now, but also investing in the future. A future that strengthens our transit system, makes us more energy-efficient and increases safety,” said Biden. “With this recovery package, we will be creating jobs, saving jobs, and putting money in people’s pockets. We’ll not only be rebuilding roads and bridges and schools, we’ll be rebuilding America.”

“Investments in public transportation put people to work, but they also get people to work in a way that moves us towards our long term goals of energy security and a better quality of life,” said LaHood. “That is why transit funding was included in the ARRA and why we think it is a key part of America’s transportation future.”