To promote long-term economic recovery and job creation in underserved communities by providing for investment in catalytic local predevelopment projects for resilient climate infrastructure innovation and to provide assistance to support State and local project development, and for other purposes.
About This Bill
Committee
Latest Action · December 21, 2022
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Local Infrastructure Funding & Technical Assistance Act or the LIFT Act
This bill authorizes the Department of Commerce to provide grants under the Public Works and Economic Development Act of 1965 for predevelopment projects—measures required to be completed before construction of resilient climate infrastructure occurs—and related technical assistance. Grants may be provided to economic development districts, states, Indian tribes, local governments, institutions of higher education, individuals, and other organizations as specified by the bill.
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