The federal Infrastructure Investment and Jobs Act (IIJA) provides historic investment in United States infrastructure. About 60% of this funding is considered formula or directed funds that will have specific federal requirements. The remaining 40% will be competitive grants which will have their own set of federal priorities/requirements. West Virginia infrastructure across the transportation, water, energy, and technology sectors can benefit in three ways:
1. Funding certainty for 5 years means federal, state, and local agencies can do proper planning and make good, long-term investments.
2. Some existing federal formula programs have seen increased funding levels to strengthen and modernize infrastructure.
3. New and increased competitive grant programs have been established.
Key Initiatives in IIJA
High-Speed Internet Access
Better Roads and Bridges
Investments in Public Transit
Upgrade Airports and Ports
Investment in Passenger Rail
Network of Electric Vehicle Chargers
Upgrade Power Infrastructure
Resilient Infrastructure
Investment in Environmental Remediation