Corridors of Commerce | History
Corridors of Commerce program history
Since 2013, the Corridors of Commerce program has funded more than $1.5 billion in trunk highway improvements across Minnesota.
Corridors of Commerce funding overview
There were no funding opportunities in 2016, 2019, 2020, and 2022. Funding was combined for two years in 2021 and 2023. In 2023 and 2024, only construction projects; Readiness Advancement activiities were yet to be solicited. In 2024, funds were directed to previously award projects. Amounts exlude project funding from other sources.
Year | Previous Year Funding | Trunk Highway Bonds | Trunk Highway Funds | Total Funding | Project Readiness Activities | No. of Projects |
---|---|---|---|---|---|---|
2013 | $0 | $300,000,000 | $0 | $300,000,000 | $0 | 11 |
2014 | $0 | $0 | $6,500,000 | $6,500,000 | $0 | 4 |
2015 | $0 | $0 | $25,000,000 | $25,000,000 | $0 | 12 |
2017 | $0 | $300,000,000 | $125,000,000 | $425,000,000 | $0 | 4 |
2018 | $0 | $400,000,000 | $25,000,000 | $425,000,000 | $0 | 3 |
2021 | $0 | $200,000,000 | $50,000,000 | $250,000,000 | $0 | 0 |
2023 | $250,000,000 | $153,000,000 | $0 | $403,000,000 | $22,000,000 | 8 |
2024 | $0 | $15,000,000 | $0 | $0 | $0 | N/A |
Total | $250,000,000 | $1,368,000,000 | $231,500,000 | $1,584,500,000 | $22,000,000 | 42 |