On November 15, President Joe Biden signed the Infrastructure Investment and Jobs Act, a landmark law to deliver once-in-a-generation funding to communities across the nation. This funding will help build and repair our roads, bridges, rail systems, public transit systems, airports, ports, and other infrastructure needs. As one of the ten Senate negotiators, I'm proud to know that this law will create jobs and bring our communities into the 21st century. As a former governor, I also know that passing a bill is only half the job. That's why I hope that these resources will provide clarity and guidance to Virginia stakeholders and localities as the federal government works to implement this law. As always, my office stands ready to help ensure that Virginia can take full advantage of this historic investment.
-Senator Mark R. Warner
ABOUT THIS FUNDING
The bipartisan infrastructure law will make a record $1.2 trillion investment in the nation's infrastructure. This funding will be delivered to states in two main ways — through formula funding and through grant funding.
FORMULA FUNDING is non-competitive funding that goes directly to states and localities. This funding is determined by pre-existing formulas based on statistical criteria. Generally, states, localities, and other entities that normally receive infrastructure funding from Congress can expect to receive a boost of additional federal dollars that will be distributed through traditional programs.
GRANT FUNDING is competitive, and can be acquired by applying for specific grants. Each grant seeks to meet a specific need, such as expanding broadband in rural areas, improving heavily-trafficked airports, or strengthening resilience in coastal communities. Since grants vary widely, they have different deadlines, eligibility criteria, and application processes. Therefore, it is crucial that interested applicants in Virginia follow guidelines closely in order to maximize the likelihood of being awarded these grants. The amounts that appear below are indicative of the total available funding nationwide. If you are applying for a competitive grant, and would like to request a letter of support from my office, please CLICK HERE.
For even more information, check out the White House Guidebook for Building a Better America, which includes information on all of the 350+ distinct grant and formula funding programs in the Bipartisan Infrastructure Law.