President Biden and US Transportation Secretary Pete Buttigieg today announced more than $4.9 billion in funding to 37 projects from President Biden’s Investing in America agenda. The money comes from two major discretionary grant programs, the National Infrastructure Project Assistance (Mega)* grant program and the Infrastructure for Rebuilding America (INFRA)** grant program.

“With this announcement, we are advancing projects so large, complex, and ambitious that they could not get funded under the infrastructure programs that existed prior to the Biden administration,” said US Transportation Secretary Pete Buttigieg. “Our INFRA and Mega programs are helping build the cathedrals of American infrastructure: truly transformative projects that will change entire regions and our entire country for the better.”

*The Mega program, which was created by the Bipartisan Infrastructure Law and provides $5 billion in funding through 2026, is focused on projects that are uniquely large, complex and difficult to fund under traditional grant programs.

**The INFRA program, for which funding was increased more than 50% by the Bipartisan Infrastructure Law, also funds large scale, transformational infrastructure projects — for this round of funding the Biden-Harris Administration is investing in 28 projects that will improve the safety, efficiency, and reliability of the movement of freight and people in and across rural and urban areas. Over half of the projects being funded through the INFRA program are in rural communities.