In May, we wrote about progress on the proposed American Jobs Plan that includes significant funding for transportation infrastructure.
Now the bill, with the official title "Bipartisan Infrastructure Investment and Jobs Act," has been repackaged as an economic plan and budget blueprint that covers social and physical infrastructure. It is getting closer to approval with the ambitious goal of passage by the end of September. Its size is astounding both on paper and in dollar value.
Currently, itβs estimated to provide $1 trillion in funding for infrastructure, although the final size and shape of the bill are still subject to Congress negotiations. With numbers so big β 1 trillion is 12 zeros β it can feel overwhelming to find where individual city programs such as new mobility fit. Luckily, as mentioned in our previous post, we have been through this before. We can help.
The majority of funds in this bill will be determined by formulas based on key factors such as the size of the population, number of highway miles, and transit ridership. Notably, though, the bill will result in increased discretionary funding, also known as competitive grant opportunities. More diverse funding opportunities combined with the Biden Administration's goals of sustainability and modernization are good news for shared mobility.
Some of the projects we would like to see funded include:
These are compelling projects because:
Even though there is still a lot of uncertainty around the passage of the two bills and the reconciliation process, when the bill is signed into law then the grant application process will be here quickly.
Now is the time for operators and cities to start identifying where funding can improve mobility in their cities. Data-driven grant applications are a key way to make your project stand out. Ride Report can help cities and operators evaluate the most effective solutions to your unique mobility challenges, with our extensive knowledge and easy-to-use tools, we are here to help make mobility work.
Curious about how to incorporate more data into planning and assessing your mobility programs? Download our MDS use case white paper.