Tag: HMTF

Congress recently made a major, if little noticed, new investment in American infrastructure. As part of the year-end budget deal, lawmakers released $10 billion that had been locked away in the Harbor Maintenance Trust Fund (HMTF) to be used for its intended purpose: dredging U.S. harbors to keep our ports open and to support U.S. economic and national security.

Maritime infrastructure is an indispensable national asset, which is why the U.S. Department of Homeland Security recognizes the Maritime Transportation System (MTS) as one of the seven critical subsectors within…

On December 22, 2020, the Dredging Contractors of America (DCA) praised congressional passage of the Water Resources Development Act (WRDA) of 2020 as part of the FY 2021 omnibus spending bill and urged President Trump to sign it into law. DCA’s CEO & Executive Director Richard Balzano made the following statement in support of WRDA’s passage:

“For the first time WRDA will open the Harbor Maintenance Trust Fund (HMTF) for its…