Posted on: September 26, 2024 02:40 PM

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Adams Administration kicks off climate week

New York City Mayor Eric Adams today kicked off Climate Week by announcing his administration has won another $260 million in grants from the Biden-Harris administration’s Bipartisan Infrastructure Law, continuing the Adams administration’s unprecedented success in securing federal infrastructure funding. The grants—issued by the U.S. Department of Transportation—will support key infrastructure projects in New York City, including transforming the Brooklyn Marine Terminal into a modern, 21st-century maritime port and vibrant mixed-use community hub, as well as constructing a segment of the Manhattan Waterfront Greenway along 10th Avenue in Inwood. The administration’s Federal Infrastructure Funding Task Force—chaired by Deputy Mayor for Operations Meera Joshi—has now secured a total of $2.37 billion in funding, including nearly $1.3 billion in competitive grants.

Recent federal legislation, including the Biden-Harris administration’s Bipartisan Infrastructure Law and the Inflation Reduction Act, have made unprecedented amounts of federal funding available for key projects across the country. Recognizing this once-in-a-lifetime opportunity, Mayor Adams formed the Federal Infrastructure Funding Task Force. Under Deputy Mayor Joshi’s guidance, that task force evaluates the competitive grant opportunities available, with a focus on new opportunities made possible through both the Bipartisan Infrastructure Law and the Inflation Reduction Act, and works to break down silos and foster creativity across city agencies. The city has aligned its priorities for high-quality, sustainable, and equitable infrastructure with aggressive and creative grant applications from a wide range of infrastructure agencies. These two announcements represent the single largest day of competitive grant awards in New York City history.

(From New York City Economic Development Corporation)