As part of the Infrastructure Investment and Jobs Act (IIJA), the Federal Highway Administration (FHWA) releases $54.6 billion in formula funding to states and $9.4 billion to be prioritized towards bridge reconstruction and electric vehicle infrastructure.
The Federal Highway Administration (FHWA) released $54.6 billion in formula funding to states and $9.4 billion to be prioritized towards bridge reconstruction and electric vehicle infrastructure.
As part of the Infrastructure Investment and Jobs Act (IIJA), this is the third round of continued funding being released to states for highway infrastructure. The funds available from this year’s apportionment will be available for states to obligate until September 2027, at which point it would lapse if the money had not been put to use.
There have been questions about where and when this money will be utilized to repair and improve America’s infrastructure. Earlier this year lawmakers asked AGC of America Highway & Transportation Division Chair, Jeff Firth, this same question during a hearing in front of the House Transportation and Infrastructure Committee. More recently, at a hearing with U.S. DOT Secretary Pete Buttigieg, lawmakers questioned the Secretary on why it is taking so long for projects to break ground. Overall, there has not been the increase in projects like many had initially hoped due to a host of reasons including inflation, supply chain constraints, and workforce shortages. Likewise funding for a project is just one hurdle for states to surmount for large projects, as they still need to obtain permits to begin construction. And as a reminder, states have four years to commit the funds to a project.
To learn details of IIJA funds that have been committed to projects thus far, there are a couple of resources to check out. The White House has an active dashboard that keeps track of all projects which have been awarded federal financial assistance. In addition, the White House provides updated fact sheets on a per-state basis that delve into further detail of how the money is being spent in each state. As an additional resource, the Center for American Progress has created a tracker that allows a user to filter all IIJA investments by category, state, congressional district, amount, and/or keywords. Again, committed to a project does not mean the project has broken ground.
For more information or questions, please contact Deniz Mustafa at [email protected].
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