EXPLORESmart Cities Dive · 1d ago
Boston’s $10B coastal resilience infrastructure plan wins access to billions in federal funding
Executive Brief
The 30-second read
Boston has secured a 65% federal cost share for a 10 billion dollar coastal resilience initiative following a U.S. Army Corps study. The infrastructure plan encompasses over 20 flood-protection projects designed to mitigate significant long-term climate risks.
- 01Federal government to cover 65 percent of costs for Boston coastal infrastructure development
- 02Comprehensive plan includes over 20 specific projects targeted at flood prevention and resilience
- 03Proposed infrastructure expects to prevent an estimated 41 billion dollars in potential storm damages
- 04U.S. Army Corps feasibility study approval unlocks access to billions in federal funding resources
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London Business News: Executive Guide →AI-generated summary · Verify at source
The city qualifies for a 65% federal cost share following a U.S. Army Corps feasibility study, paving the way for more than 20 flood-protection projects expected to prevent $41 billion in damages.