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January 20, 2017 9:00 AM, EST

Foxx Announces USDOT Received Nearly 200 FASTLANE Grant Applications

Andrew Harrer/Bloomberg News

Outgoing U.S. Transportation Secretary Anthony Foxx announced Jan. 19 that the Build America Bureau has received 195 applications requesting more than $7 billion in FASTLANE grants.

The FASTLANE program was established in the 2015 FAST Act to fund critical freight and highway projects across the country worth $4.5 billion for fiscal years 2016 through 2020. 

RELATED: R.I. Trucking Association seeks to prevent RIDOT from receiving FASTLANE grant 

Last September, USDOT announced the selection of 18 projects to receive $759 million from the first round of FASTLANE grants.