At its two-year anniversary, the bipartisan infrastructure law continues to rebuild all of America

November 15, 2023, marks the two-year anniversary of the Infrastructure Investment and Jobs Act (IIJA) becoming law. After decades spent waiting for Congress to pass such a historic infrastructure bill, this is certainly a celebratory moment. So, at the two-year mark, where do we stand? Based on our analysis of published White House data, IIJA implementation is just now hitting its stride. Formula and direct federal spending continue to move at a steady pace, already pumping $229 billion into state coffers and direct investment projects. And like an athlete who grows into a game, competitive grantmaking is steadily increasing, with 75% of all competitive funding still left to be awarded. Just as importantly, the Biden administration has shown no overt political bias in splitting awards among states—certainly welcome news to the bipartisan legislators who authored the bill. Overall, state and local stakeholders should feel motivated to keep pursuing federally-funded projects to rebuild and reimagine their communities.