Support for Predevelopment of Infrastructure Projects
This act aims to promote economic recovery and job creation in underserved communities by investing in the predevelopment phase of climate-resilient infrastructure projects. Citizens can expect support for the planning of local infrastructure, leading to future improvements in safety and quality of life. Additionally, the act is designed to support local businesses and create new jobs by funding preparatory activities.
Key points
15 billion dollars allocated for project predevelopment and technical assistance, with at least half directed to underserved communities.
Financial support for local projects, including planning, feasibility studies, architectural work, and pre-construction activities.
Priority for projects led by minority or women-led organizations, partnerships with higher education institutions and labor organizations, and those reducing pollution.
Creation of new jobs and preservation of existing ones, particularly in communities affected by economic transition and high unemployment.
Status:
Expired
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