StART IIJA Briefing 12-8-21 FINAL

Eric Schinfeld, Sr. Mgr. of Federal Government Relations December 8, 2021 Major Federal Investment in “Infrastructure” • On Monday, November 15, President Biden signed an 8-year, $1.2 trillion investment ($550 billion in new money) in a wide variety of areas: • Roads and Bridges – $110B • Passenger and Freight Rail – $66B • Safety – $11B • Public Transit – $39.2B • Broadband – $65B • Ports and Waterways – $16.6B • Airports/FAA – $25B • Water Infrastructure – $55B • Power and Grid – $65B • Resiliency – $47.2B • Addressing Legacy Pollution – $21B • Western Water Infrastructure – $8.3B • Clean School Buses and Ferries – $7.5B • Electric Vehicle Charging – $7.5B • Reconnecting Communities – $1B IIJA Port-specific provisions • $20 billion for airports • $5 billion for FAA Facilities and Equipment • $5.225 billion for seaports • $27.1 billion for “Port eligible” transportation investments that other jurisdictions can apply for as well, like $12.5 billion for RAISE and $3.2 billion for INFRA Other IIJA Provisions Of Interest to Port and/or Cities Include: • $1 billion for culvert removal, replacement and restoration • $351 billion for highways (307 billion provided through formula to states) • $16 billion for the Highway Safety Improvement Program • $28 billion to the existing Bridge program and a new $16 billion bridge grant program • $7.5 billion for EV Charging Stations with a $5B in formula funding and $2.5B in grant program to support 500,000 strong EV Charging Station…
V V