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USDOT Funding Opportunities
Finding real dollars for transportation and infrastructure
US Government News
May 04, 2023
“A Historic Investment”
“Record funding available for Transportation Projects”
“Over $200 billion has been announced and is headed to states, Tribes, territories and local governments”
These headlines have been rampant since the passage of the Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021. In this note to paid subscribers, we’ll do a deep dive into funding opportunities in the IIJA, many of which will be active through Fiscal Year 2026 (FY26).
Background:
Infrastructure Investment and Jobs Act (IIJA)
The bill, referred to as the “Bipartisan Infrastructure Law” by the Biden-Harris Administration (causing much confusion), reauthorized the last major surface transportation authorization known as the FAST Act.
What made the IIJA different from a typical 5-year surface transportation bill was a two-pronged approach:
Half of the bill would be a traditional 5-year surface transportation reauthorization, like the FAST Act or SAFETEA-LU.
The other half included new appropriations ($$$) intended to stimulate the economy through infrastructure project investments.
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