Trades, Contractors Applaud $1.2 Trillion Infrastructure Package
Rep. Sean Patrick Maloney was joined by local elected officials, contractor and labor leaders on the Newburgh waterfront as he praised the U.S. House’s passage of a $1.2 trillion infrastructure package, saying the sweeping deal would bring an unprecedented infusion of federal money to upgrade road and bridges, airports, public transit, water systems and guarantee union jobs throughout the Hudson Valley and the state.
At the news conference the Congressman said that over the next five years, New York will receive approximately $13.5 billion in highway and bridge formula funds, nearly $11 billion in transit funds for MTA – including for critical repairs and funding of Metro-North – and over $150 million for electric vehicle charging infrastructure.
The bill also includes $25 billion to invest in the nation’s airports with New York likely to receive nearly $1 billion of those funds. In the Hudson Valley, Stewart Airport would receive $12.5 million and Orange County Airport would receive nearly $800,000.
Todd Diorio, President of the Hudson Valley Building and Construction Council Trades said the bill was worth waiting for.
Alan Seidman, Executive Director of the Construction Contractors Association says the construction industry and the area will truly benefit from the Infrastructure Package.