CNN | By Katie Lobosco
States and local communities are ramping up plans to spend the billions of dollars provided by the Infrastructure Investment and Jobs Act that passed last year.
The law, enacted about 100 days ago, will provide $550 billion for new federal infrastructure investments over the next five years. Roughly a fifth of the pot will be available in 2022 for a variety of projects, including roads, bridges, rail, water systems, airports, broadband and public transit.
"The good thing is, even if it does take a little bit longer, we're getting started today instead of years from now," said Elaine Nessle, executive director of the Coalition for America's Gateways and Trade Corridors.
Many states have projects that they have been planning for years, just waiting for increased financial assistance.