Biden Administration Awards $1.8 Billion In Grants For Infrastructure Projects
Business,Infrastructure,Infrastructure Bill,Sustainability,Economy And Jobs
The administration of President Joe Biden announced Wednesday that it has awarded $1.8 billion in grants for infrastructure projects. The investment's plan includes 148 projects across the U.S.
The program Rebuilding American Infrastructure with Sustainability and Equity (RAISE) was the source of the massive infrastructure grants. The program received funding from the Bipartisan Infrastructure Law, which led to its expansion. The Biden administration has already reached 550 total grants, taking into consideration the inclusion of the grants from the announcement.
Biden's infrastructure law is considered as one of the biggest legislative accomplishments of the administration. It paved the way for $1.5 billion to be added annually to the already appropriated funds for project grants under the RAISE program.
.png.webp)
