The Albuquerque area will get $25 million in federal highway and transit money as part of the recent economic stimulus signed into law by President Obama, according to Rep. Martin Heinrich’s office.
“This money is incredibly important because it will create and save jobs in our community,” Heinrich said in a statement his office just released. “It will hopefully relieve some congestion throughout Albuquerque – particularly on the Westside – and shorten the commutes for everyone and keep our hard earned dollars out of our gas tanks. This is also about safety and providing much needed repairs to our roads and bridges.”
New Mexico’s total allocation of road and transportation money is about $253 million. Under the distribution formulas, the urban, suburban, and rural areas of the state each get some of the money.
The highway and transportation funding for New Mexico will be distributed as follows:
* New Mexico Total Distribution: $252,644,377
* Mandatory Transportation Enhancements: $7,579,331
* Urban Area Distribution (Population over 200K): $26,021,866
* Suburban Area Distribution (Population under 200K): $39,204,830
* Rural Area Distribution (Population under 5K): $10,566,617
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