New Law Aims to Boost Low-Carbon Materials, Reconnect Neighborhoods
New Law Aims to Boost Low-Carbon Materials, Reconnect Neighborhoods
Abstract
New Inflation Reduction Act provides $1.89 billion in fiscal 2022 funds for a new U.S. Dept. of Transportation Neighborhood Access and Equity Grants program. The program's main focus is removing and reconfiguring highways and other transportation projects. The law also has $2.15 billion for GSA to "acquire and install" low-carbon products and materials for federal buildings. The statute also includes $100 million for the EPA to create a program to identify and label low-embodied carbon construction materials. The program is to be developed in consultation with FHWA and the General Services Administration.