LYNN — The city is set to receive more than $1.5 million in infrastructure funding for fiscal year 2024.
“No matter how you get around, this funding will benefit transportation systems in every region of the Commonwealth,” state Sen. Brendan Crighton, co-chair of the Joint Committee on Transportation, said in a press release.
The city will receive $1,508,950 in total, down from a sum of $1,517,289 in Chapter 90 funding in FY23. Lynn, the eighth most populous city in Massachusetts, will receive the 16th largest portion of Chapter 90 funding of all municipalities in the Commonwealth for FY24.
Chapter 90 provides funding to municipalities for the implementation of capital improvements and will be used to pay for everything from bridge repairs to making public transportation more accessible.
“Our roads and bridges are the lifelines of economic activity, facilitating the movement of goods and people, and supporting businesses both large and small,” a statement from state Rep. Dan Cahill read. “By investing in these essential arteries, we bolster commerce, create jobs, and foster growth in all sectors of our economy.”
According to Massachusetts Department of Transportation figures, Lynn has received more than $31 million in Chapter 90 funding since fiscal year 2000.
As for other cities and towns in the area, Peabody is set to receive $1.2 million in funding while another $2 million in combined funding will be dispersed to Lynnfield, Marblehead, Nahant, Saugus, and Swampscott.
$200 million was authorized in total for the Commonwealth’s FY24 Chapter 90 funding.
The Chapter 90 funding is part of a $350 million package that includes $150 million for projects like the Municipal Small Bridge Program, the Complete Streets Funding Program, a bus transit infrastructure program, grants to increase access to mass transit and commuter-rail stations, and grants for municipalities and regional transit authorities to purchase electric vehicles.
