Over $3 million will be put towards local road projects.
(Indianapolis, Ind.) - Yesterday, Governor Holcomb and Indiana Department of Transportation Commissioner Joe McGuinness announced that 214 cities, towns, and counties have received over $126.5 million in state matching funds for local road projects through the Next Level Roads: Community Crossings Initiative.
“Hoosier communities are able to take on more needed road work and do it in record time thanks to Community Crossings,” Gov. Holcomb said. “Our commitment to partnering with cities, towns, and counties on vital infrastructure helps build strong communities poised for investment and job growth.”
Over $3 million will be put towards local road projects in seven different communities:
- Batesville - $217,090.50
- Dillsboro - $232,964.68
- Franklin Co. - $1,000,000
- Moores Hill - $372,278.81
- Ripley Co. - $955,548.75
- Rising Sun - $227,122.50
- Versailles - $12,600
The Community Crossings Initiative has give issued more than $738 million in state matching funds for construction projects.
This latest round was highly competitive with more applications collected than dollars available.
Following local requests to assist in managing project flow, INDOT currently accepts applications in both January and July with a $1 million cap annually per community.
Approximately $100 million will be available for communities choosing to apply during July 2020 round.
“INDOT’s mission is to build and maintain Indiana’s transportation to grow our economy and enhance the quality of life in Indiana,” said McGuinness. “Through Community Crossings we’re able to take that commitment to local roads, not just our highways. This sustained investment by the state makes sure that the Crossroads of America is maintained from the first mile to the last mile.”
To qualify, local governments must provide local matching funds, equaling 50 percent for larger communities or 25 percent for smaller communities, from a funding source approved for road and bridge construction.
Also, an INDOT-approved asset management plan for maintaining existing roads and bridges must be submitted.
State law requires annually that 50 percent of the available matching funds be awarded to communities within counties with a population of 50,000 or fewer.
In April 2017, Indiana lawmakers identified long-term funding for Community Crossings as part of House Enrolled Act 1002, passed by the legislature and signed into law by Gov. Holcomb.