Anchorage Daily News
By Zachariah Hughes
Congressional and local officials this week welcomed news that the Port of Alaska is set to receive $68.7 million in grant funds from the U.S. Department of Transportation.
The money is part of a larger bundle of federal spending on “port-related infrastructure and ferry terminal projects” approved under the Infrastructure Investment and Jobs Act that passed last year in Congress, according to U.S. Sen. Lisa Murkowski’s office.
“This grant award comes at a crucial time for the Port of Alaska and Municipality, as we work to rebuild and modernize Alaska’s most important piece of infrastructure,” said Anchorage Mayor Dave Bronson in a written statement. “Progress like this puts us one step closer to delivering food security for Alaska through a seismically resilient and modern Port of Alaska.”
The federal money unlocks additional funds approved by the Alaska Legislature in its last capital budget. Lawmakers sent $100 million for port improvements, and set aside another $100 million only to be released if they were matched by federal dollars.
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