Biden-Harris Administration Delivers Over $703 Million to Improve Port Infrastructure, Strengthen Supply Chains, and Lower Costs for American Families
Last week, the U.S. Department of Transportation announced more than $703 million to improve port facilities through the Maritime Administration’s Port Infrastructure Development Program (PIDP). This year’s awards, made possible by President Biden’s Bipartisan Infrastructure Law and additional Congressional appropriations, will support coastal seaports, Great Lakes ports, and inland river ports. Awarded projects will improve supply chain reliability through increased port capacity and resiliency, more efficient operations, reduced port emissions, and new workforce opportunities.
This year’s awards will support 41 projects in 22 states and one territory and will benefit both rural and urban areas. In addition, more than 60% of awards will benefit ports in historically disadvantaged communities.
More than $150 million in awards include a focus on electrification of port equipment that will reduce emissions and improve air quality. And nearly $100 million will go to port projects that advance offshore wind deployment to support the president’s goal to deploy 30 gigawatts of offshore wind by 2030: enough to power 10 million homes and support 77,000 good-paying jobs.
The Bipartisan Infrastructure Law nearly doubled funding for PIDP over 2021 levels. All told, the law will invest more than $17 billion to improve and modernize America’s port infrastructure
Together, these investments will help get goods to shelves faster and lower costs for American families.
To learn more about PIDP and view a full list of this year’s award recipients, click here.