15 Jun South Carolina communities will benefit from infrastructure funding
With the recent passage of a $1.2 trillion infrastructure funding bill by Congress, cities, towns, and rural areas across South Carolina are poised to reap the benefits.
From roads and bridges to water and wastewater systems, the legislation aims to help states and their communities improve often-overlooked infrastructure needs. Proponents of the legislation say that the funding will not only provide needed investment for modernization, repairs, and rehabilitation but will also make the U.S. more competitive with other nations.
Early estimates for South Carolina indicate the legislation will provide billions in funding for the next five years, including:
- $510 million for clean drinking water, wastewater, and stormwater infrastructure improvements
- $4.6 billion for roads and highway projects
- $274 million for bridge replacement and repairs
- $366 million for public transportation
- $70 million for electric vehicle charging stations
- $100 million for broadband access
- $161 million for airports
- $18 million for cyberattack protection
- $15 million for wildfire protection
As we learn more about the national legislation and spending requirements, WithersRavenel can help South Carolina municipalities develop a funding strategy for their infrastructure needs. Don’t wait to position your community to take advantage of this funding stream, particularly for asset management planning as it relates to projects to improve roads, pavement, bridges, and water, wastewater, and stormwater infrastructure. Contact Product Manager for Asset Management Becca Ruffin at (919) 535-5232 or email@example.com for more information.