Port infrastructure in America is a critical component of economic growth, and because of that, significant capital investments distributed through grants allocated by the federal government are common. It has been estimated that between 2021 and 2025, federal investment in port infrastructure will be approximately $163 billion. These investments are focused on enhancing capacity and […]
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Many federal programs support revitalization projects for cities and specific neighborhoods and currently, there is an abundance of revenue flowing to cities. The Community Development Block Grant (CDBG) Program, administered by the Department of Housing and Urban Development (HUD), is one of the oldest and best-known programs supporting municipal revitalization projects. The federal agency also […]
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Welcome to the future! Public transportation is evolving so rapidly that it feels as if travel options are changing faster than ever thought possible. New ride options are abundant, and everything is being done to provide convenience. In many parts of the country, affordable housing and new communities are being created near transit loading stations. […]
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Technology is changing the world as we know it! It seems new technological advances are emerging at the speed of light – and the world shifts a bit with each new development. Sensors and advanced technology now monitor public officials’ activities in hundreds of ways, and artificial intelligence is already providing them with the assistance […]
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There is a significant trend to watch as cryptocurrency gains momentum and acceptance. If this trend continues, it will bring about many changes throughout America. The total global value of cryptocurrency now is approximately $3 trillion, and while that may sound small considering the world’s GDP, it is significant because of how quickly that value […]
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Clean and renewable energy continues to get abundant attention, and the funding support flowing to support clean power projects is historic. Approximately $3 trillion is invested in energy globally each year, and $2 trillion of that amount is devoted to renewable energy. Hundreds of billions have been invested in clean energy initiatives in the United […]
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By Mary Scott Nabers Light Detection and Ranging technology (LiDAR) delivers critical data to protect the health of our ecosystems, and government officials use it extensively. This particular type of technology is not well known to everyone, but the benefits it provides make it worthy of note. Simply put, LIDAR provides a unique way to […]
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Congress continues to allocate billions to a long-overdue effort to make the country’s bridges safer. About 50,000 bridges in America recently were deemed structurally unsound, and weather-related events are taking a huge toll on bridge structures. Last week, the U.S. Department of Transportation announced $5 billion in awards for 13 large bridge projects. Many of […]
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Unexpected disasters of every type are extremely costly. It might be surprising to realize that earthquakes in the U.S. cost about $15 billion annually in economic losses. While earthquakes are less common, there have been 28 earthquakes reaching a magnitude of 6 or greater in the past decade. Most of the risk is concentrated on […]
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Universities throughout the country are investing significant capital in existing campus facilities. National statistics show these types of initiatives are increasing significantly. The state of Texas is an excellent example of this emerging trend. A report by the Texas Higher Education Board indicates that 923 capital expenditure projects are planned for the Texas university system […]
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