Washington, D.C. – As of November 15, 2021, the modernized Infrastructure Investment and Jobs Act has been signed into American law. Significant investment will be centralized around U.S. transportation networks, broadband transmission, and public works projects.

President Biden’s act is set forth to combat the country’s aging infrastructure which has nationally been rated a C minus by the American Society of Civil Engineers. An estimated $1.2 trillion in funding over the following decade has been authorized of that a new spending of $550 billion. $284 billion of the $550 billion will be dedicated to improving surface transportation while the remaining $266 billion will be allocated towards ameliorating core infrastructure.

The amount of funding that states will receive will vary depending on various factors such as population size and transit ridership. Texas and California contain the most highway infrastructure and therefore a generous portion of formula grants will be specifically allotted for those states. Once the states receive the funding, local officials will be able to decide on which projects deserve monetary assistance. States will furthermore be permitted to dispense funding to county and city governments within the state.

A majority of the funding is currently reserved for highways, roads, and bridges. The Department of Transportation will direct more than half of total funding of the US Infrastructure Investment and Jobs Act.

The Infrastructure Investment and Jobs Act has prioritized investments therefore resulting in the following spending breakdowns:

Roads & Bridges $110 B
Power Grid $73 B
Rail Services $66 B
Broadband $65 B
Water Infrastructure $55 B
Flooding & Climate Resiliency $47 B
Public Transit $39 B
Airports $25 B
Environmental Remediation $21 B
Ports $17 B
Electric & Low Emissions Vehicles $15 B
Transportation Safety $11 B

Research and technology advancement are a minuscule focal point of the bill but will still receive tens of billions of dollars’ worth of funding. The budget will primarily be centralized on commercial demonstration projects funded by the Department of Energy. The DOE’s endeavor in carbon mitigation and hydrogen production along with minimizing the country’s dependence on foreign supplies of essential materials is anticipated to revolutionary expand.

In effort to broaden the DOE’s efforts for carbon capture, utilization, and storage, $6 billion will be funneled for research and development and technology demonstrations over the course of 5 years. As stated by the DOE, the aim is to create 6 demonstration projects: 2 coal power plants, 2 natural gas power plants, and 2 industrial facilities. $3.5 billion will be spent to establish 4 regional “hubs” which would directly remove carbon dioxide from the atmosphere.

As for precommercial and commercial direct air capture technologies, $115 million will be assigned to support those projects. The bill will additionally provide over $2 billion for the construction of carbon dioxide transporting infrastructure.

Almost $2.5 billion throughout 6 years will be spent for nuclear reactor demonstrations and $6 billion across 5 years will be used to establish a Civil Nuclear Credit Program which has the goal of subsidizing operating nuclear power plants that are in the midst of economic difficulty.

The bill will provide $355 million over four years for energy storage projects, $3 billion for battery material processing, another $3 billion for battery manufacturing and recycling, $500 million over four years to clean up to five energy demonstration projects, and $5 billion during the span of five years for projects which hold innovative approaches towards transmission, storage, and distribution infrastructure.

Besides sizeable funding sums for large scale energy technology projects, the Infrastructure Investment and Jobs Act also includes smaller funding for infrastructure related to renewable energy, manufacturing, environmental monitoring, and critical minerals.

Below is a further summary of funding divided by category.

Highways, Roads, Bridges

$273.15 Billion over 5 years – highway, roads, and bridges
$72 Billion over 5 years – surface transportation
$15 Billion over 5 years – national infrastructure
$8 Billion over 5 years – Nationally Significant Freight and Highway Projects grant
$40 Billion over 5 years – Bridge Investment Program
$1 Billion over 5 years – Reconnecting Communities Pilot Program
$350 Million over 5 years – Wildlife Crossings Pilot Program
$25 Million over 5 years – create a new competitive grant program to conquer threats against pedestrians
$2 Billion over 5 years – Rural Surface Transportation Grant Program
$500 Million over 5 years – Strengthening Mobility and Revolutionizing Transportation Program

Climate

$2.5 Billion over 5 years – Charging and Fueling Infrastructure Grants
$250 Million over 5 years – Reduction of Truck Emissions at Port Facilities
$6.42 Billion over 5 years – Carbon Reduction Formula Program
$8.7 Billion over 5 years – PROTECT Grant Program
$500 Million over 5 years – Healthy Streets Program

Infrastructure Breakdown

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