Commerce Department announces $562M for coastal resiliency projects

Read the full story at Construction Dive.

The Department of Commerce has recommended $562 million in funding for nearly 150 projects across 30 states and territories focused on climate change resiliency projects.

Announced on Friday, the awards will be made under the National Oceanic and Atmospheric Administration’s Climate-Ready Coasts Initiative with funds from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. 

The projects will focus on helping communities that are experiencing increased flooding, storm surge and more frequent extreme weather events, said Secretary of Commerce Gina Raimondo in the press release. 

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