{"id":9258,"date":"2022-01-20t08:58:28","date_gmt":"2022-01-20t14:58:28","guid":{"rendered":"\/\/www.dicovercards.com\/?p=9258"},"modified":"2023-11-21t15:26:26","modified_gmt":"2023-11-21t21:26:26","slug":"federal-funding-targets-infrastructure-spending","status":"publish","type":"post","link":"\/\/www.dicovercards.com\/federal-funding-targets-infrastructure-spending\/","title":{"rendered":"new federal funding opportunities target infrastructure spending"},"content":{"rendered":"

once-in-a-generation funding aims to benefit all communities<\/strong><\/span><\/h2>\n

two recently enacted pieces of federal legislation have opened the door for communities across the country to reap millions of dollars in federal funding to support infrastructure upgrades and improvements in their jurisdictions. the coronavirus state and local fiscal recovery funds (slfrf)<\/a>, a part of the american rescue plan (arp)<\/a>, went into effect in may of 2021 to help governments meet their immediate pandemic response needs. recent changes to arp have opened the door to more infrastructure-focused spending, including roadway construction and maintenance<\/a>, water and sewer system investments<\/a>, and stormwater management<\/a> projects.<\/p>\n

the more recently enacted bipartisan infrastructure law has earmarked over $1.2 trillion over five years for more widespread infrastructure improvements<\/a>. this massive program will focus on improving the safety of our transportation system through repairing and rebuilding roads and bridges, creating healthy and sustainable 世界杯足球比赛预选赛 transportation options, modernizing and expanding passenger and freight rail efficiency and safety, and upgrading our nation\u2019s airports, just to name a few.<\/p>\n

the professionals with snyder & associates are uniquely positioned to help your community get its share of these funds for critical infrastructure projects.<\/strong> since 1977, our team has been building trusted relationships with key community leaders and decision-makers at all levels of government across the midwest. we can assist your organization in laying the groundwork to secure the full benefits your community is entitled to.<\/p>\n

american rescue plan (arp) funds expanded by slfrf<\/strong><\/span><\/h2>\n

for most jurisdictions, slfrf funds can be used to replace lost 世界杯足球比赛预选赛 sector revenue due to the pandemic. recipients may opt for a standard allowance of up to $10 million or calculate their specific revenue loss using a formula provided by the treasury department.<\/p>\n

in addition to the previously mentioned roadway construction and maintenance project allowances, slfrf funds can be used to invest in water and sewer infrastructure, improve access to clean drinking water, and support vital wastewater and stormwater infrastructure.<\/p>\n

eligible water and sewer projects include those allowed under the epa\u2019s clean water state revolving fund (cwsrf), epa\u2019s drinking water state revolving fund (dwsrf), and certain lead remediation projects, as well as aid for private wells and septic units.<\/p>\n

nationwide allocation from bipartisan infrastructure law<\/strong><\/span><\/h2>\n

at over $1.2 trillion over five years, the bipartisan infrastructure law is perhaps the largest commitment of federal funds for infrastructure spending in a generation. every state is slated to receive an allotment of these funds for roadway and bridge construction and repair and numerous other transportation-related projects, as previously mentioned. here are more detailed explanations of the funding share for iowa<\/a>, wisconsin<\/a>, nebraska<\/a>, missouri<\/a>, and south dakota.<\/a><\/p>\n

in addition to the state-specific funds, state and local governments will be able to compete for these new & expanded competitive grant programs<\/strong> anticipated to launch over the next year:<\/p>\n