What New Jersey is Getting from the $1.2 Trillion Infrastructure Bill

President Joe Biden has signed a $1.2 trillion bipartisan infrastructure package into law, achieving the first major legislative win of his presidency.

The bill will pump billions of dollars into New Jersey’s infrastructure programs. The breakdown of the funding New Jersey is expected to receive is below:

TRANSPORTATION

·       Highways/Roads                                    $6,883,719,399

·       Bridges                                                  $1,146,780,115

·       Electric Vehicles                                     $104,373,268        

·       Ferry Service                                         $24,407,410

TRANSIT

·       TOTAL                                                   $4,154,648,806

·       FY21                                                      $626,068,511

·       FY22                                                      $792,674,692

·       FY23                                                      $809,730,546

·       FY24                                                      $831,558,775

·       FY25                                                      $849,219,308

·       FY26                                                      $871,465,485

BROADBAND                                                  $100,000,000 

The Infrastructure Investment and Jobs Act also includes additional infrastructure funding for federal programs that will benefit New Jersey, namely:

GATEWAY PROJECT

·       Amtrak’s Northeast Corridor       $30,000,000,000

·       Capital Improvement Grants                     

o   Supplemental appropriation          $8,000,000,000

o   Annual authorization                    $3,000,000,000

(Note: Funding from these programs can be used to complete Gateway)

AIRPORTS

·       Airport Infrastructure Grants                   $15,000,000,000

·       Airport Terminal Program                       $5,000,000,000

(Note: Funding is national over the next five years)

WATER INFRASTRUCTURE

·       Drinking Water State Revolving Funds    $15,000,000,000   

·       Clean Water State Revolving Funds       $11,700,000,000

·       Lead Contamination in Schools              $200,000,000

·       PFAS Contamination Remediation          $10,000,000,000

(Note: Funding is national over the next five years)

SUPERFUND/BROWNFIELDS                        $5,000,000,000

To clean up and revitalize polluted sites; New Jersey has the most Superfund sites in the nation

FLOOD RESILIENCY

·       Flood Mitigation Assistance Grants         $3,500,000,000

(Note: Funding is national over the next five years)

WEATHERIZATION ASSISTANCE                  $3,500,000,000

To reduce energy costs for homeowners

CYBERSECURITY                                           $2,000,000,000

To modernize and enhance our nation’s cybersecurity capabilities

This content, and any other content on TLS, may not be republished or reproduced without prior permission from TLS. Copying or reproducing our content is both against the law and against Halacha. To inquire about using our content, including videos or photos, email us at [email protected].

Stay up to date with our news alerts by following us on Twitter, Instagram and Facebook.

**Click here to join over 20,000 receiving our Whatsapp Status updates!**

**Click here to join the official TLS WhatsApp Community!**

Got a news tip? Email us at [email protected], Text 415-857-2667, or WhatsApp 609-661-8668.

4 COMMENTS

  1. Can I request some of that money to upgrade my bicycle, which is clearly a benefit to the environment, as it uses no CO 2, as opposed to my old jalopy which clearly destroys the ozone when in use? Who can I speak to about this?

  2. What we got, what we really got, is a nice hefty tax bill to help pay for this insanity.

    Oh, wait.
    I completely forgot.
    This is free.
    This won’t cost the taxpayers a dime.
    Thats what he said.

  3. My infrastructure needs of tuition, groceries, and mortgage were not addressed, though everything else that can fit in the category was shtooped in.
    Turns out that when everything is costing way way more in every day life, we don’t need to make money be worth even less by flushing over a trillion into the economy.

Comments are closed.