Massachusetts could secure up to $17 billion in federal infrastructure spending through three federal laws set to deploy a total $751 billion across the country, but only if it puts more of its own money on the line, according to a new report. The Massachusetts Taxpayers Foundation report estimates that Massachusetts could maximize how many federal dollars are sent to…
MTF found the largest potential funding opportunity for Massachusetts through the IIJA, estimating the state could receive $14 billion. Across all three federal laws, the policy research center has identified 134 programs that require a commitment of matching state funds.
"However, while this total represents the amount of state bonding approved by the Legislature, it does not reflect the amount of state borrowing that is affordable within the state's Capital Investment Plan," the MTF report warns. The plan features $262 million towards"the federal government's efforts" to replace the Bourne and Sagamore bridges to Cape Cod -- after previous efforts to secure federal funding to replace the bridges stumbled -- ultimately ramping up to a $700 million long-term state commitment.
To meet that remaining $800 million, the policy research center recommends that administrative and agency officials be allowed to access matching resources outside of the typical appropriations process to avoid delays that could mean missing out on a funding opportunity. They also recommend the state uses one-time revenues to tap into the grant money.
Danmark Seneste Nyt, Danmark Overskrifter
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