Today, U.S. Senators John Hickenlooper and Michael Bennet welcomed over $86 million in funding for Colorado airports and over $716 million for highway and bridge projects for Fiscal Year 2022 (FY22) from the bipartisan Infrastructure Investment and Jobs Act (IIJA) that President Joe Biden signed into law last month. Including this initial allocation for FY22, Colorado will receive roughly $430 million for airports and roughly $3.5 billion for highway and bridge projects over the next five years from the bipartisan infrastructure bill.
"Getting our Bipartisan Infrastructure Bill done was huge, but the job's not finished until we get the funding where it's needed most," said Hickenlooper. "This first investment for roads, bridges, and airports will strengthen our infrastructure and create jobs in communities across the state."
"I'm pleased to see this much-needed funding from the bipartisan infrastructure bill coming to Colorado's airports, highways, and bridges over the next five years," said Bennet. "This funding will help create jobs, bolster our state's economy, and better serve our growing Colorado communities. "
"We are grateful for the support of Senator Bennet and Colorado's congressional delegation," said Denver International Airport CEO Phil Washington. "This grant will provide much-needed funding for DEN's infrastructure projects and will go a long way in helping us prepare for the exponential growth we are experiencing."
"These much-needed funds will support a record construction season that we are planning for Colorado next year," said CDOT Executive Director Shoshana Lew. "Thanks to the expanded resources made available by the Infrastructure Investment and Jobs Act, we are poised to build on our unprecedented state-level modernization bill passed by the Colorado state legislature and signed by Governor Polis this Spring to move even more quickly in delivering our 10-year project plan."
More information about the airport funding in the IIJA is available HERE. A fact sheet on how the IIJA will deliver for transportation projects in Colorado is available HERE. A breakdown of how much each Colorado airport will receive for FY22 and again in Fiscal Year 2023 is available below.