Clearly, there is a major opportunity to overhaul our school infrastructure. The Reopen and Rebuild America’s Schools Act provides this opportunity with a $130 billion investment to address critical infrastructure needs in schools. Recently, President Biden’s American Jobs Plan proposed reducing the grant program from $100 billion to $50 billion. It is imperative that Congress restores this funding to a full $100 billion in any infrastructure package. Bonds are heavily reliant on local property values, putting low-income areas are at a disadvantage in this funding stream. This $100 billion in grant funding is absolutely necessary for the low-income schools that need it the most to afford infrastructure repair.
Related Tools & Resources
- Five Reasons to Invest Federal Funding into Retrofits for Schools, Hospitals and other Public Buildings
- Roadmap to Navigating Federal Funding for Public Buildings
- The BlueGreen Alliance Responds to the U.S. Internal Revenue Service’s Request for Comments on Elective Payments of Applicable Credits and Transfer of Certain Clean Energy Tax Credits Included in the Inflation Reduction Act