Inflation Reduction Act Includes $3B to Improve Roads
Date Posted: August 24, 2022
Posted In: News, Projects,
From ConstructionDive: The Inflation Reduction Act contains $3 billion to fund Neighborhood Access and Equity Grants, a new program that aims to rework overbuilt arterial roads and make them safer and more accessible for various modes of transportation. President Joe Biden signed the $739 billion spending package into law on Aug. 16.
“These grants will reconnect communities divided by existing infrastructure, mitigate negative impacts of transportation facilities or construction projects on communities and support equitable transportation planning,” according to a White House press release.
The new grants can be used to build connections across highways and railroads, and to redesign roads that are dangerous to cross. The funding will flow through the Federal Highway Administration and can go to state, local and tribal governments.
Dive Insight:
The new grants supplement the $1 billion in funding from the Reconnecting Communities Program, created through last year’s Infrastructure Investment and Jobs Act. It aims to help jurisdictions address division of neighborhoods, pollution and other harms caused by past infrastructure projects.