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$10 Billion Annual Investment for Rural Infrastructure, Jobs, and Quality of Life.

This Act establishes the Rural Future Partnership Fund, authorizing $10 billion annually for flexible block grants aimed at comprehensive, locally-driven development in rural America. The funding supports projects improving quality of life, including critical infrastructure (broadband, water), workforce housing, healthcare access, and job creation. Local partnership councils determine investment priorities, ensuring funds address specific regional needs.
Key points
Creates a $10 billion annual block grant program for rural areas, empowering local councils to set priorities for regional development.
Focuses on modernizing critical infrastructure, including universal high-speed internet access and reliable clean water systems.
Improves access to essential services like affordable healthcare (including mental health and substance abuse treatment) and the development of affordable workforce housing.
Provides triple funding and waives matching requirements for projects located in high-poverty areas (20% poverty rate or higher).
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Additional Information
Print number: 118_S_2155
Sponsor: Sen. Gillibrand, Kirsten E. [D-NY]
Process start date: 2023-06-22