More than half of the nearly $445 million headed to Iowa as part of the federal stimulus package has been assigned to projects, according to a report issued by the U.S. House Transportation and Infrastructure Committee.
Of the money allocated, all of it comes from the portion directed towards highway infrastructure projects. Iowa is set to receive $358 million and has already obligated $226.6 million, a little more than 63 percent.
“Obligated” funds are projects that have been given federal authority to go forward.
There are 155 projects out to bid, 59 projects currently under contract and 20 projects already underway, the report said.
The committee report also found 698 “direct, on-project jobs created or sustained,” with a total payroll of job hours of more than $800,000.