BUILD Grant: $15.4 Million Boost for Port of New Bedford
Senators Edward J. Markey and Elizabeth Warren, and Representative Bill Keating have announced the release of a $15.4 million Better Utilizing Investments to Leverage Development (BUILD) grant to improve the infrastructure and environment of the Port of New Bedford, Massachusetts.
According to the announcement, this funding from the federal Department of Transportation will help the Port of New Bedford extend its bulkhead, making room for 60 additional commercial vessels and providing an additional site for offshore wind staging.
The project will also sequester 250,000 cubic yards of contaminated materials and provide for the beneficial use of 130,000 cubic yards of sediment.
“Christmas has come early for the Port of New Bedford, and all of the hard-working fishermen, off-shore wind stagers, and residents who rely on the Port’s success,” said Senator Markey, a member of the Commerce, Science, and Transportation Committee and Environment and Public Works Committee.
“With this BUILD Grant, New Bedford will be able to make much needed improvements and expansions to the Port, while eradicating harmful environmental contaminants. It’s a simple formula: better infrastructure equals more commercial activity, and more commercial activity equals greater economic development and job creation for New Bedford and the South Shore.”
“This significant federal investment to improve and modernize the Port of New Bedford is wonderful news, and will help revitalize the local economy while making the Port more environmentally sustainable,” added Senator Warren.
Earlier this year, Markey, Warren and Keating sent a letter to the Department of Transportation, urging Secretary Elaine Chao to provide this funding to the Port of New Bedford.