Infrastructure Investment and Jobs Act (IIJA)

An enhanced highway reauthorization bill with funding allocated to various modalities such as existing roadway and bridge maintenance, transit, climate, water, and broadband. Focuses on equity, sustainability, reliability, and safety.

• IIJA
• infrastructure
• investment
• jobs
• highway reauthorization
• formula funds
• discretionary grants
• modalities
• equity
• sustainability
• reliability
• safety

myfanwy Follow

Uploaded on Dec 21, 2023 | 0 Views

Download Presentation

Please find below an Image/Link to download the presentation.

The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.

Presentation Transcript

1. Infrastructure Investment and Jobs Act (IIJA)

2. IIJA What is it? An Enhanced Highway Reauthorization Bill Split Across Two Buckets: Formula Funds: $14.2B has been awarded to NJ Discretionary Grants: If NJ receives the same proportion of competitive grants, the state could win a further $2.5B Five modalities: Existing Roadway and Bridge Maintenance Transit Climate Water, and Broadband and Cybersecurity Four themes: Equity Sustainability Reliability Safety

3. IIJA Mission and Methods 1. Ensure efficient and equitable deployment of funds, by : a) Coordinating state government entities, b) Working with local and county partners, and c) Leveraging private sector resources where appropriate. 2. Maximize federal dollars won by New Jersey, by identifying and supporting the most competitive applications 3. Create good paying, accessible jobs -- especially union jobs.

4. Formula Funding Breakdown by Modality NJ Formula Funding By Modality Total Formula Funding By Modality $451M $270M $15B $98M $1B $43B $48B $4.25B $4B $56B $8B $299B Highways Transit Clean Energy Highways Transit Clean Energy Water Broadband Airports Water Broadband Airports

5. Discretionary Breakdown by Modality Est. NJ Discretionary Funding By Modality Total Discretionary Funding By Modality $104M $5M $225M $4B $484M $295M $17B $12B $1.4B $20B Highways Transit Clean Energy Highways Transit Clean Energy Water Broadband Water Broadband

6. Est. NJ Funding Breakdown Over FY2022-2026 $3.50 $3.00 $2.50 Billions $2.00 $1.50 $1.00 $0.50 $- FY22 FY23 FY24 FY25 FY26 Cybersecurity Highways Bridge Program (Approx.) Transit Water Broadband (Approx.) Clean Energy Airports

7. Water Funding IIJA represents a doubling of previous water infrastructure funding with new money targeting Emerging Contaminants, Lead Service Line Replacement, and Assistance for Small and Disadvantaged Communities $250 Assistance for Small and Disadvantaged Communities $200 DWSRF: Emerging Contaminants $150 CWSRF: Emerging contaminants Millions DWSRF: Lead Service Line Replacement $100 Drinking Water State Revolving Funds $50 Clean Water State Revolving Funds $- FY21 FY22 FY23 FY24 FY25 FY26

8. Local Governments Role Federal, State, and Local synergy will be vital to maximize the potential of these funds. We want to work with your teams to ensure that the projects funded by IIJA target the right locations, win competitive grants, and deliver results for New Jersey. Infrastructure Planning Many formula programs, such as the Broadband Equity, Access and Deployment Program (BEAD) will require the submission of a statewide plan to execute. Local collaboration and input will be critical to correctly plan for this funding. Grant Spotlight: Safe Streets and Roads For All The Safe Streets and Roads For All Grant will have yearly $1B grant opportunities. The State cannot apply for these funds, only local jurisdictions can. Can go towards either Action Plan Creation or Implementation Grants. Decide what program is best for you! Program Spotlight: The Affordable Connectivity Program Individuals who qualify can receive $30 off of their monthly internet bills, and $100 off internet connected devices (computers and tablets). You can find more information at GetInternet.Gov

9. Policy Commitment Themes The Murphy Administration is committed to focusing its IIJA spending on equity, safety, sustainability, and reliability. These commitments should be considered from the initial ideation stage through the design, construction, and maintenance of projects. Equity The federally mandated Justice40 Initiative requires federal agencies to deliver at least 40 percent of the overall benefits from federal investments to historically underserved communities. State allocation of federal funds should strategically address systemic disinvestment in these underserved communities. Safety Projects that promote public safety Design, implementation, and construction phases embody safe practices Sustainability Infrastructure improvements that help us meet climate goals Projects are planned and executed with environmental consciousness and resiliency Reliability Focus on quality and consistency in design, implementation, and longevity

10. Workforce Development as a Strategy to Win Funds and Deploy Funds More Effectively and Efficiently Comprehensive State Strategy to Win Funds IIJA funds are more likely to go to a program with a comprehensive workforce strategy The Federal Government is interested in seeing strategies that address the affordability and low supply of training programs, low job quality, discrimination and harassment, and knowledge and awareness of jobs in this sector The IIJA is expanding the flexibility of some grants to be used for workforce development Local hire opportunities allow for local, geographic, or economic hiring preferences by any sub-grantee Spend Funds More Efficiently A more robust and highly skilled workforce can help us combat inflationary pressures as well as spend the money more efficiently Ensure workforce development achieves equity goals