Just 40 percent of funds from the massive infrastructure law have been allocated to projects three years after its passage.

Less than half of funding from the Infrastructure Investment and Jobs Act has been allocated, according to a fact sheet from the U.S. Department of Transportation. As Julie Strupp explains in Construction Dive, this includes preliminary and non-binding announcements.
“Much of the law’s funding is available until expended, so it is expected to fuel construction projects past the five-year period. However, other funds are appropriated in specified amounts for specified fiscal years from 2022 to 2026.” IIJA funding flows to over 400 programs administered by different levels of government.
So far, the IIJA is funding some 60,000 projects and over 175,000 miles of roadway upgrades. These include 10,200 bridge projects, 1,100 airport projects, 500 port and waterway projects, 170 rail projects, and 11,200 public transit projects.
FULL STORY: $720B in IIJA funds yet to be allocated

Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.

North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.

Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.

Santa Barbara Could Build Housing on County Land
County supervisors moved forward a proposal to build workforce housing on two county-owned parcels.

San Mateo Formally Opposes Freeway Project
The city council will send a letter to Caltrans urging the agency to reconsider a plan to expand the 101 through the city of San Mateo.

A Bronx Community Fights to Have its Voice Heard
After organizing and giving input for decades, the community around the Kingsbridge Armory might actually see it redeveloped — and they want to continue to have a say in how it goes.
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