The U.S. Department of Transportation is awarding $474 million in grants through its economic recovery program. Transportation Secretary Anthony Foxx says some of that money is coming to Houston.
"A $10 million dollar TIGER grant is extending a wharf at the deepwater Port of Houston, increasing its ability to take advantage of the ships expected after the Panama Canal expansion."
The money will be used to extend the wharf at the Bayport Terminal an additional 700 feet. It will grow from its current 3300 feet to 4000 feet.
Foxx says the Transportation Investment Generating Economic Recovery (TIGER) grant will support President Obama's goal of doubling exports.
"TIGER has helped get large multimodal projects off the ground that would otherwise struggle to find support from traditional funding sources."
Houston Congressman Gene Green says the wharf expansion will help the port and the entire Houston region prepare for future economic opportunities.