Summary: Infrastructure Investment and Jobs Act


[vc_row full_width=”stretch_row” gap=”35″ equal_height=”yes” content_placement=”top” css=”.vc_custom_1627653093264{padding-top: 40px !important;padding-bottom: 40px !important;background-color: #f3f8fa !important;}”][vc_column][vc_custom_heading text=”Summary of Key Nonprofit and Civic Infrastructure Provisions” font_container=”tag:h2|font_size:36|text_align:center|line_height:1″ use_theme_fonts=”yes”][vc_custom_heading text=”As Passed by the Senate August 10, 2021″ font_container=”tag:h3|font_size:26|text_align:center|line_height:1″ use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row gap=”35″ equal_height=”yes” content_placement=”top”][vc_column width=”1/2″][vc_icon icon_fontawesome=”fas fa-wifi” color=”custom” size=”xl” align=”center” custom_color=”#2492ba”][vc_custom_heading text=”Broadband
$65 billion” font_container=”tag:h2|font_size:30|text_align:center|line_height:1″ use_theme_fonts=”yes”][vc_column_text]

  • Grants to states for deployment: $42.45 billion to support a formula-based program to states, territories, and DC for broadband deployment. States must have enforceable plans to address all unserved areas before funding projects in underserved areas.
  • Private Activity Bonds: Approximately $600 million for bonds to finance deployment in rural areas where a majority of households do not have access to broadband.
  • Rural Utilities Service: $2 billion for the Distance Learning, Telemedicine, and Broadband Program
  • “Middle Mile”: $1 billion for a state grant program to support the construction or acquisition of infrastructure that will lower operating costs and reduce capital expenditures.
  • Tribal Broadband Connectivity Program: $2 billion
  • Digital Equity Act: $2.75 billion to establish two grant programs to promote digital inclusion and equity for communities that lack the skills, technologies, and support needed to take advantage of broadband connections.
  • Affordability: $14.2 billion in funds to the Affordable Connectivity Fund, formerly known as the Emergency Broadband Benefit program, which subsidizes service for households meeting need-based criteria.

[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_icon icon_fontawesome=”fas fa-subway” color=”custom” size=”xl” align=”center” custom_color=”#2492ba”][vc_custom_heading text=”Public Transit Funding ($39B)
Electrification ($15B)” font_container=”tag:h2|font_size:30|text_align:center|line_height:1″ use_theme_fonts=”yes”][vc_column_text]

  • Public Transit: $39 billion, including funding for repair or replacement of public transit busses and rail assets, and mobility for seniors and those with disabilities. Total includes:
    • $5.25 billion for zero-emission and low-emission transit buses.
    • $4.75 billion for state of good repair grants
    • $250 million for formula grants for the enhanced mobility of seniors and individuals with disabilities
    • $8 billion for Capital Investment Grants
    • $1.75 billion for competitive grants to upgrade the accessibility of rail stations
  • Low Carbon buses and Ferries: $7.5 billion, including $5 billion for a Clean School Bus Program
  • Electric Vehicle Infrastructure: $7.5 billion

[/vc_column_text][/vc_column][/vc_row][vc_row full_width=”stretch_row” gap=”35″ equal_height=”yes” content_placement=”top” css=”.vc_custom_1627653093264{padding-top: 40px !important;padding-bottom: 40px !important;background-color: #f3f8fa !important;}”][vc_column width=”1/2″][vc_icon icon_fontawesome=”fas fa-users” color=”custom” size=”xl” align=”center” custom_color=”#2492ba”][vc_custom_heading text=”Reconnecting Communities
$1 billion” font_container=”tag:h2|font_size:30|text_align:center|line_height:1″ use_theme_fonts=”yes”][vc_column_text]

  • Reconnecting Communities: $1 billion for a first-ever program to reconnect communities divided by transportation infrastructure. The program will fund planning, design, demolition, and reconstruction of street grids, parks, or other infrastructure.

[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_icon icon_fontawesome=”fas fa-water” color=”custom” size=”xl” align=”center” custom_color=”#2492ba”][vc_custom_heading text=”Clean Drinking Water
$55 billion” font_container=”tag:h2|font_size:30|text_align:center|line_height:1″ use_theme_fonts=”yes”][vc_column_text]

  • Clean drinking water: $55 billion including
    • Clean Water State Revolving Fund: $11.7 billion
    • Drinking Water State Revolving Fund: $11.7 billion
    • Identify and replace lead services lines: $15 billion – to replace all of the nation’s lead pipes and service lines
    • Contaminants: $10 billion to address the dangerous chemical PFAS (per- and polyfluoroalkyl), as well as emerging contaminants under the Federal Water Pollution Control Act and the Safe Drinking Water Act

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$21 billion” font_container=”tag:h2|font_size:30|text_align:center|line_height:1″ use_theme_fonts=”yes”][vc_column_text]

  • Brownfields: $1.5 billion Brownfields competitive and categorial grants
  • Superfund: $3.5 billion for the Remedial account in the Hazardous Substance Superfund
  • Abandoned Mine Land Reclamation: $11.2 billion
  • Orphan oil and gas wells: $4.7 billion

[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_icon icon_fontawesome=”fas fa-plug” color=”custom” size=”xl” align=”center” custom_color=”#2492ba”][vc_custom_heading text=”Energy Efficiency and Assistance” font_container=”tag:h2|font_size:30|text_align:center|line_height:1″ use_theme_fonts=”yes”][vc_column_text]

  • Nonprofit Energy Efficiency: $50 million for a pilot program to award grants for energy-efficiency materials upgrades to buildings owned and operated by a 501(c)(3) nonprofit organization. The maximum grant amount is $200,000.
  • Weatherization Assistance Program: $3.5 billion
  • Low-Income Home Energy Assistance Program: $500 million

[/vc_column_text][/vc_column][/vc_row][vc_row full_width=”stretch_row” gap=”35″ equal_height=”yes” content_placement=”top” css=”.vc_custom_1627653093264{padding-top: 40px !important;padding-bottom: 40px !important;background-color: #f3f8fa !important;}”][vc_column width=”1/2″][vc_icon icon_fontawesome=”fas fa-shield-alt” color=”custom” size=”xl” align=”center” custom_color=”#2492ba”][vc_custom_heading text=”Resilience
“Over $50 billion”” font_container=”tag:h2|font_size:30|text_align:center|line_height:1″ use_theme_fonts=”yes”][vc_column_text]

  • Bureau of Reclamation: $8.3 billion for western water infrastructure
  • Building Resilient Infrastructure and Communities program: $1 billion
  • Flood resilience: $12 billion
  • Resilience – Waste Management: $810 million
  • Resilience – Drought: $5.5 billion
  • Resilience – Wildfire Management: $5.75 billion
  • Resilience – Ecosystems:
  • Resilience – Cyber: $100 million

[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_icon icon_fontawesome=”fas fa-external-link-alt” color=”custom” size=”xl” align=”center” custom_color=”#2492ba”][vc_custom_heading text=”Selected Offsets” font_container=”tag:h2|font_size:30|text_align:center|line_height:1″ use_theme_fonts=”yes”][vc_column_text]

  • Repurposing unused COVID relief dollars, including remaining funds for Economic Injury Disaster Loan (EIDL) Subsidy ($13.5 billion), Targeted EIDL Advance ($17.6 billion), Department of the Treasury Economic Stabilization Program ($1.3 billion), SBA Business Loans ($5.7 billion), and more. Total estimated repurposing: $205 billion, including:
    • Expedited ERTC phase-out: Moves up the expected expiration date for the Employee Retention Tax Credit from January 1, 2022 to October 1, 2021. – predicted to raise approximately $8 billion.
    • DOES NOT include rescission of State and Local Coronavirus Fiscal Recovery Funds.
  • Return of unused enhanced federal unemployment insurance supplement from certain states – predicted to raise $53 billion
  • Spectrum auctions – predicted to raise $87 billion, approximately $67 billion from auctions held in February 2021 and $20 billion from forthcoming auctions.
  • Delay of Medicare part D prescription rule – predicted to raise $49 billion
  • Information reporting for brokers and digital assets including cryptocurrency – predicted to raise $28 billion.

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Totals indicate new funds and may be inexact due to publicly available materials. They will be updated as needed.


Key Insights

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