SALEM, Ore. (AP) – A federal transportation bill signed Friday by President Barack Obama includes help for several Oregon transportation projects.
The Oregon Department of Transportation says state and local highway funding will increase by 5 percent to $507 million in the first year, with additional hikes over the next four years. Oregon will also get a boost in transit funding. The money is not earmarked to specific projects.
Obama signed the five-year, $305-billion bill a day after it was overwhelmingly approved by Congress to address the nation’s aging and congested transportation systems. The bill is the first long-term transportation plan approved in years, ending a cycle of short-term fixes that have repeatedly rescued the Highway Trust Fund from insolvency.
All seven members of Oregon’s congressional delegation voted in favor of the legislation.