$600M Federal Grant Secured for Interstate 5 Bridge Replacement Project
The Interstate Bridge Replacement Program has received a $600 million federal grant from the U.S. Department of Transportation, bringing the total secured funding for the project to $4 billion out of an estimated $6 billion cost. The grant marks the first significant federal investment in the program, which aims to replace the 100-year-old Interstate 5 Bridge. The remaining funds are expected to come from two other federal grants. Construction on the new bridge is scheduled to begin in late 2025 or early 2026.