Relies

Infrastructure Plan Relies On Federal Loan Programs

On March 31, 2021, President Biden released one of his most significant policy initiatives, the American Jobs Plan. The eight-year, over $2 trillion plan proposes large investments in a broadened scope of infrastructure. In addition to upgrades to traditional transportation infrastructure such as highways, bridges, ports, airports and transit systems, the plan details other priorities such as promoting electric vehicles, building a more resilient electric grid, rebuilding water infrastructure and expanding high-speed broadband access.

The plan’s implementation is expected to rely heavily on direct financing from federal loan programs in addition to tax credits and other incentive programs, and direct

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Infrastructure Plan Relies On Federal Loan Programs | Skadden, Arps, Slate, Meagher & Flom LLP

On March 31, 2021, President Biden released one of his most significant policy initiatives, the American Jobs Plan. The eight-year, over $2 trillion plan proposes large investments in a broadened scope of infrastructure. In addition to upgrades to traditional transportation infrastructure such as highways, bridges, ports, airports and transit systems, the plan details other priorities such as promoting electric vehicles, building a more resilient electric grid, rebuilding water infrastructure and expanding high-speed broadband access.

The plan’s implementation is expected to rely heavily on direct financing from federal loan programs in addition to tax credits and other incentive programs, and direct

Read More