At its two-year anniversary, the bipartisan infrastructure law continues to rebuild all of America | Brookings
www.brookings.edu
Yet with inflation and interest rates high, infrastructure builders need to be careful that they prioritize projects that can deliver the most value in the long run. But considering we’re now 40% of the way through the law’s authorizing period, it’s also a moment to take stock of our progress. 452 u
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- Yet with inflation and interest rates high, infrastructure builders need to be careful that they prioritize projects that can deliver the most value in the long run.
- But considering we’re now 40% of the way through the law’s authorizing period, it’s also a moment to take stock of our progress.
- 452 unique funding pots and over $850 billion in total funding available,
- Formula and direct federal spending continue to move at a steady pace, already pumping $306 billion into state coffers and direct investment projects.
- competitive grantmaking is steadily increasing, with 80% of all competitive funding still left to be awarded.
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