General IIJA Information
The Infrastructure Investment and Jobs Act (IIJA) (also known as the Bipartisan Infrastructure Law (BIL)) was signed into law on November 15, 2021.
- IIJA includes reauthorization of surface transportation programs for FFY 2022 to FFY 2026.
- It also includes $550 billion in new funding with half of that going to transportation.
- Appropriations were approved in March 2022.
As you may be aware, the increase in new federal funds has impacted the Iowa DOT’s ability to provide Swap funds for Local Public Agency (LPA) projects. Over the past few years, Iowa has let Federal-aid Swap projects totaling over $150 million, annually. Future projections for Federal-aid Swap availability are $50 million annually, meaning the difference will need to be converted to Federal-aid. With this reduced Federal-aid Swap capacity, program changes are necessary. We’ve worked with the IIJA Stakeholders to determine the best use of Federal-aid Swap moving forward. We’re still working through some logistics, but we’re hoping the below transition guidance will minimize the pain and frustration.
Guidance sent to LPAs stated that all programs transitioning from Federal-aid Swap to Federal-aid will be required to be Federal-aid starting with the January 2023 letting for Counties and February 2023 letting for Cities.
Our team will be working on updating/preparing funding agreements affected by the new funding bill after the implementation recommendations are officially approved by the Transportation Commission on July 12th.
Microsoft Teams Meeting
The Transportation Development Division, Local Systems Bureau and Systems Planning Bureau hosted an online Teams Meeting where the IIJA information was presented on June 15, 2022. Here are the slides from the presentation and the meeting recording.
The Iowa DOT Commission passed the IIJA Implementation Policies on July 12. The Commission also passed a revised Federal-aid Swap Policy. Those documents are linked here: