Infrastructure Investment and Jobs Act Provides Grant Funding for Local Government
In August, the Senate passed the Infrastructure Investment and Jobs Act (IIJA) which would provide funding for transportation, water, power and energy and others through grants. It would provide $973 billion over five years from FY 2022 through FY 2026.
As the House of Representatives and the Senate take steps towards moving forward with the $3.5 trillion reconciliation package, policymakers will work on creating legislative language for the IIJA package.
According to an article from Gov 1,
The objectives of the IIJA include:
- Investment in public transit
- Investment in passenger rail since the creation of Amtrak
- Dedicated bridge investments
- Investment in clean drinking water and wastewater infrastructure
- Access to reliable high-speed internet
- Investment in clean energy transmission and EV infrastructure
Gov 1
