US Department of Transportation
15 Jun 2026
U.S. Transportation Secretary Sean P. Duffy and the Build America Bureau (Bureau) are investing $46.97 million across 27 states to build big, beautiful infrastructure projects with the help of public-private partnerships (P3s). Through the Bureau’s Innovative Finance and Asset Concession Program (IFAC), states will have the resources to engage with businesses that can provide innovative financing solutions on local projects. The Department is equipping states with tools necessary to get bureaucracy out of the way and help build new and robust infrastructure safely and efficiently in their communities.
The Department awarded 45 grants via IFAC, including:
- $1.25 million to the Pennsylvania Department of Transportation to explore P3 opportunities for creating high-occupancy toll lanes on Interstate 279/579 to ease congestion and improve safety.
- $1 million for the Road Commission of Oakland County, Michigan, to support the development of a countywide wireless communications program.
- $1 million for the City of Denton, Texas, to develop an intelligent transportation systems master plan for the city to integrate modern communications, sensors, and data analytics into its transportation infrastructure.
- $999,763 to the West Virginia Department of Highways to evaluate improvement needs for state-owned bridges and explore P3 project delivery opportunities.
