Highline Forum 220126 IIJA Briefing Presentation

Eric Schinfeld, Sr. Mgr. of Federal Government Relations Melissa Parks, Government Relations Policy Analyst January 26, 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 Specifics on the Airport Dollars*: • $15 billion for airport infrastructure grants distributed by formula – An estimated ~$240 million directly to SEA – Airports would likely be allowed to use these funds for any “PFC-eligible projects” except debt service. • $5 billion for a new “airport terminal program” distributed via competitive grants – 55% of which is reserved for large hubs like SEA to compete for – for “terminal projects that increase capacity, improve…
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