$250 million for water desalination projects.$250 million in Aquatic Ecosystem Restoration.$300 million for Bureau of Reclamation obligations under the Colorado River Drought Contingency Plan. $450 million for large-scale water recycling and reuse projects with a construction cost of more than $500 million.$550 million for water recycling and reuse projects.$1 billion for previously authorized rural water projects.$3.2 billion for the Aging Infrastructure Account.$1.15 billion for water storage, groundwater storage and conveyance projects.$4 billion for the Drinking Water State Revolving Funds capitalization grants to mitigate emerging contaminants, including perfluoroalkyl and polyfluoroalkyl substances (PFAS).$15 billion for lead pipe replacement through the Drinking Water State Revolving Fund, states are required to distribute 49 percent of funds as grants or principal forgiveness loans.$11.7 billion for the Drinking Water State Revolving Fund, states are required to distribute 49 percent of funds as grants or principal forgiveness loans.$11.7 billion for the Clean Water State Revolving Fund, states are required to distribute 49 percent of funds as grants or principal forgiveness loans.These significant funding investments will be available for both new and existing water and wastewater projects. In total, water infrastructure will receive $55 billion in funding to be administered by the Environmental Protection Agency, $8.3 billion to be administered by the Bureau of Reclamation, and $16.65 billion to be administered by the Army Corps of Engineers of Civil Works. Specifically, the $40 billion for bridge repairs is the largest dedicated investment in bridges since the construction of the interstate highway system. The bill provides $110 billion in new funding for road and bridge infrastructure. The Build Back Better Plan is awaiting passage in the House and, once it passes, the timing of any potential Senate action remains to be seen.īelow represents highlights from the infrastructure bill: A second part is the Build Back Better Plan, which will provide additional investments in the nation through a multitude of avenues, including healthcare, childcare, additional water infrastructure and labor standards. The infrastructure package is a key part of President Biden’s multi-part economic agenda. Best Best & Krieger is available to assist local governments and special districts in successfully navigating this infrastructure package and the opportunities to come throughout the next five years. Local governments and special districts will need to navigate the funding opportunities in existing programs as well as the funding in new programs. The key to successfully receiving financial support from the federal agencies is to identify the best matching federal funding pot for the desired project. Through this historic infrastructure bill, various existing programs are being increased at unprecedented levels to provide much needed federal financial support.įor local government and special district, this package provides means to seek federal financial support for projects that are of priority to each. For municipalities and special districts, this bill presents a plethora of opportunities to address various infrastructure needs within communities and across the nation. The programs within the infrastructure bill will be administered by the designated federal agency, with the first round of funding from the package to be made available in 2022.Īcross federal agencies, several existing and new programs will receive unprecedented levels of investment. The bill contains significant federal investments for roads, bridges, ports, rail transit, water infrastructure and internet connections, and $550 billion in new federal spending over a five-year period, in addition to routine funding for transportation programs. President Biden has signed into law a historic $1.2 trillion infrastructure bill.
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