Rebuild America's Schools Act: Funding for renovations, safety, and green infrastructure.
This Act aims for the long-term improvement of public school facilities through a new grant program and infrastructure bonds. Citizens can expect safer, healthier, and more energy-efficient schools, particularly in high-need districts. The legislation also mandates greater transparency regarding school infrastructure conditions and requires the use of American-made materials.
Key points
Grants for renovations and modernization: Establishes a grant program for states, which will award funds competitively to local educational agencies with the highest financial need and highest percentages of low-income students.
Bond financing: Introduces new School Infrastructure Bonds and revives/expands Qualified Zone Academy Bonds to facilitate the financing of school construction and repair projects.
Safety and sustainability: Funds can be used to improve indoor air quality, eliminate toxic substances (e.g., lead, asbestos), enhance energy efficiency (including 'net zero energy' schools), and increase resilience to natural disasters.
Construction requirements: Projects must meet the latest building, energy, and green standards (e.g., LEED certification) and require the use of iron, steel, and manufactured products produced in the United States.
Pyrrhotite foundation assistance: Creates a dedicated program to assist states and local agencies with the costs of repairing school foundations damaged by the presence of pyrrhotite.
Expired
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