Colts Neck Receives $250,000 In Road Improvement Funding From NJ

COLTS NECK, NJ - Colts Neck recently received $250,000 in funding aimed at improvements to Clover Hill Road according to the New Jersey Department of Transportation.

Earlier this month, Gov. Phil Murphy announced a total of $161.25 million in municipal aid grants to be bestowed to 543 cities and towns across the state for the purposes of advancing road, bridge, safety, and quality-of-life improvements.

More than 50 municipalities in Monmouth County were awarded a grand total of $12,891,992.

The state’s 2016 Transportation Trust Fund renewal made it possible to continue to award $161.25 million annually – more than double the $78.75 million that was available before the renewal, according to a news release. Moreover, the extra funds allowed the state to increase the number of municipalities receiving grants from about 370 a year prior to the TTF renewal to 543 municipalities in 2020.

Under the Municipal Aid grant program, each county is allocated a share of the total funding based on population and the number of local centerline miles, according to the governor’s office. Municipalities compete for portions of their county’s share. The New Jersey Department of Transportation provides 75 percent of the grant amount to a municipality when it awards a contract.

“These grants are further demonstration of the partnership between my Administration and our communities to build a stronger, safer, and more modern transportation network,” said Gov. Murphy. “In a state as densely populated as New Jersey, where our interconnectedness is a strength, these vital investments will increase safety, foster mobility, and improve the quality-of-life for New Jerseyans statewide.”