Portland-metro freeway improvements placed on hold

While a key piece of funding was secured to keep the Interstate Bridge Replacement program on track, funding for two other major freeway projects – improvements to Interstate 5 and Interstate 205 – is much less clear.

Recently, the Oregon Legislature allocated $1 billion toward the $6 billion IBR program, matching the $1 billion previously committed by the Washington State Legislature in 2022. With $2 billion secured, the project team is now better positioned to apply for up to $3 billion in federal grants, with the remaining funding anticipated to come from tolling.

Source: Portland-metro freeway improvements placed on hold • Daily Journal of Commerce