Michigan DOT set to sell first set of road bonds in next few weeks

Despite the pandemic, there are still plans in place to use $3.5 billion in bonds to fix the roads here in Michigan.

According to Jeff Cranson, Director of Communications with the Michigan Department of Transportation, the first set of bonds is set to be sold in the next few weeks.

“The first $800 million of those bonds will be sold probably in late August or early September,” said Cranson.

These bonds will help fix state owned roads over the next five years as part of Governor Gretchen Whitmer’s Rebuilding Michigan plan. The major of projects in metro Detroit are set to start in 2021.