| | |

NEMA Creates Online Portal to Find Infrastructure Funding

NEMA Creates Online Portal 125x86


NEMA Creates Online Portal 400x275

February 18, 2022

By Peter Ferrell, Manager, Connectivity and Data Policy

The bipartisan Infrastructure Investment and Jobs Act (IIJA), signed into law last November, is an historic windfall for the electroindustry and an overt commitment to the electrification of America’s infrastructure and economy. In all, the legislation allocates roughly $450 billion in potential funding for various energy and electrification projects. Of this, nearly $30 billion is directed at the electroindustry due to NEMA’s direct Congressional advocacy on dozens of key policy provisions within IIJA.

These enormous sums present fantastic opportunities for NEMA members; however, unless companies know how to apply for and access these funds, they will remain an abstract talking point. Therefore, NEMA is creating a dynamic, sector-specific access portal to help cut through the bureaucratic red tape and avoid confusion. Using NEMA’s existing website, the Infrastructure Portal will direct members of each industry sector as close to their available funds as possible.

It is important to realize that not all IIJA funds are the same; when the funds will be available and how they will be accessed and disbursed will depend on various factors. Funds related to traditional infrastructure projects, such as roadways and bridges, will be allocated primarily through formulas under existing law.

The government will distribute other funds through grants, rebates, or other means from various federal program offices, often on a first-come, first-served basis. Additionally, applicants may be required to adopt multiple environmental, labor, cybersecurity, and other policy standards into their business plans to qualify. Federal agencies, including the U.S.Department of Energy, are currently requesting information from industry and the public to determine how funds can be best allocated.

The Infrastructure Portal’s five sub-sections – Buildings, Industrial Products & Systems, Lighting, Transportation, Utility Products & Systems – will be updated and developed by a sector-specific task force staffed by NEMA Industry Directors. These task forces will identify funding opportunities as they become available and help determine the best approaches to applying for such funds. Members are encouraged to sign-up for these task forces to receive timely updates. Contact information can be found on the site.

Related Articles

Latest Articles

  • Halco Delivers Compact, Easy-to-Install Dusk to Dawn Outdoor Light 

    Halco Delivers Compact, Easy-to-Install Dusk to Dawn Outdoor Light 

    Halco Lighting Technologies has released the Sektor Dusk to Dawn light, a cutting-edge solution designed to meet diverse outdoor lighting needs with unparalleled efficiency and ease. This compact, lightweight, and robust fixture is engineered to provide optimal illumination for walkways, parking areas, roadways, and landscapes. The Sektor Dusk to Dawn light comes standard with a… Read More…

  • Gotham Lighting Adds Shallow Cylinders to IVO Family

    Gotham Lighting Adds Shallow Cylinders to IVO Family

    Gotham Lighting, an Acuity Brand, recently announced the latest addition to the IVO™ family with the IVO Shallow Cylinder, available in round and square shapes. This family of shallow cylinders offers cylinder heights as shallow as 5” in length. The IVO Shallow Cylinders boast a leading light engine technology called Perfect Color™ from fixture to… Read More…