Infrastructure Investment and Jobs Act One Year Later

On Nov.15, 2021, President Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law, a bill commonly referred to as the bipartisan infrastructure bill. This historic piece of legislation provides a once-in-a-generation investment of $1.2 trillion dollars into the nation’s infrastructure; positively impacting urban and rural communities across the country by rebuilding roads and bridges, expanding access to clean drinking water, ensuring Americans have access to high-speed internet and making long-overdue investments in seaports, airports, and rail. According to the White House, in its first year of implementation, nearly $185 billion in funding for specific projects, competitive grants and formulaic programs has been announced. The rest of the bill’s funding will be awarded over the next three years as part of competitive grants at the Department of Transportation, formulaic funding passed through state departments of transportation, and other federal agencies, such as the Department of Energy and Department of Commerce.

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