When President Biden unveiled his infrastructure plan in late March, the proposed $2 trillion price tag provided firm evidence that this Administration is serious about not only repairing the built environment, but also creating a modern foundation for 21st century progress.
BRIC funding is set aside based on appropriations from disaster declarations. Image from FEMA presentation delivered May 4, 2020.
While the “American Jobs Plan” is being modified by Republican counteroffers on Capitol Hill, where much of the action is taking place behind closed doors, the administration took a very public and encouraging step to jump-start infrastructure investment. Specifically, the President announced a doubling of funding from last year for the BRIC (or Building Resilient Infrastructure and Communities) program, designed to give state and local governments funding to prepare for natural disasters.
There are a few important things to note about this announcement. Read more on the BCSE blog here: https://bcse.org/increased-bric-funding-allows-communities-to-invest-for-the-future/