Efficiency Tax Credits
Extend and expand commercial efficiency tax credits.
$100 billion to upgrade and build new public schools, through $50 billion in direct grants and an additional $50 billion leveraged through bonds. These funds will first go toward making sure our schools are safe and healthy places of learning for our kids and work for teachers and other education professionals, for example by improving indoor air quality and ventilation. We also will invest in cutting-edge, energy-efficient and electrified, resilient, and innovative school buildings with technology and labs that will help our educators prepare students to be productive workers and valued students. "Under the President’s plan, better operating school facilities will reduce their greenhouse gas emissions and also will become environments of community resilience with green space, clean air, and safe places to gather, especially during emergencies." Funds also will be provided to improve our school kitchens, so they can be used to better prepare nutritious meals for our students and go green by reducing or eliminating the use of paper plates and other disposable materials.
$12 billion in community college infrastructure "States will be responsible for using the dollars to address both existing physical and technological infrastructure needs at community colleges and identifying strategies to address access to community college in education deserts."
Child Care Facilities
$25 billion to upgrade child care facilities and build new supply in high need areas. Funding would be provided through a Child Care Growth and Innovation Fund for states to build a supply of infant and toddler care in high-need areas.
Expanded tax credit to encourage businesses to build child care facilities at places of work. Employers will receive 50 percent of the first $1 million of construction costs per facility so that employees can enjoy the peace of mind and convenience that comes with on-site child care.
$10 billion in the modernization, sustainability, and resilience of federal buildings, including through a bipartisan Federal Capital Revolving Fund to support investment in a major purchase, construction or renovation of Federal facilities and purchasing 24/7 clean power for federal buildings
$18 billion to modernize Veterans Affairs hospitals and clinics.
President Biden’s plan utilizes the vast tools of federal procurement to purchase low carbon materials for construction and clean power for these newly constructed VA hospitals and federal buildings.
Affordable Green Housing
The President’s plan invests $213 billion to produce, preserve, and retrofit more than two million affordable and sustainable places to live.
Produce, preserve, and retrofit more than a million affordable, resilient, accessible, energy efficient, and electrified housing units through targeted tax credits, formula funding, grants, and project-based rental assistance.
Build and rehabilitate more than 500,000 homes for low- and middle-income homebuyers. Pass the innovative, bipartisan Neighborhood Homes Investment Act (NHIA). Offering $20 billion worth of NHIA tax credits over the next five years will result in approximately 500,000 homes built or rehabilitated, creating a pathway for more families to buy a home and start building wealth.
President Biden’s plan will upgrade homes through block grant programs, the Weatherization Assistance Program, and by extending and expanding home efficiency tax credits.
$40 billion to improve the infrastructure of the public housing system in America. to address critical life-safety concerns, mitigate imminent hazards to residents, and undertake energy efficiency measures which will significantly reduce ongoing operating expenses.
Building Trade Workers
Put union building trade workers to work upgrading homes and businesses to save families money.
Clean Energy and Sustainability Accelerator
President Biden’s plan also will establish a $27 billion Clean Energy and Sustainability Accelerator to mobilize private investment into distributed energy resources; retrofits of residential, commercial and municipal buildings; and clean transportation.
$25 billion for airports, including funding for the Airport Improvement Program, upgrades to FAA assets that ensure safe and efficient air travel, and a new program to support terminal renovations and multimodal connections for affordable, convenient, car-free access to air travel.
Invest $85 billion to modernize existing transit and help agencies expand their systems to meet rider demand. This investment will double federal funding for public transit, spend down the repair backlog, and bring bus, bus rapid transit, and rail service to communities and neighborhoods across the country. It will ultimately reduce traffic congestion for everyone. May include funding for transit stations.
The President is calling on Congress to enable the manufacture of electric vehicles, charging ports, and electric heat pumps for residential heating and commercial buildings through a $46 billion investment in federal buying power, creating good-paying jobs and reinvigorating local economies, especially in rural areas.
$40 billion in upgrading research infrastructure in laboratories across the country, including brick-and-mortar facilities and computing capabilities and networks. These funds would be allocated across the federal R&D agencies, including at the Department of Energy. Half of those funds will be reserved for Historically Black College and Universities (HBCUs) and other Minority Serving Institutions, including the creation of a new national lab focused on climate that will be affiliated with an HBCU.
Invest a combined $48 billion in American workforce development infrastructure and worker protection. This includes registered apprenticeships and pre-apprenticeships, creating one to two million new registered apprenticeships slots, and strengthening the pipeline for more women and people of color to access these opportunities through successful pre-apprenticeship programs such as the Women in Apprenticeships in Non-Traditional Occupations.
Target workforce development opportunities in underserved communities. All of the investments in workforce training will prioritize underserved communities and communities hit hard by a transforming economy. President Biden also will call upon Congress to ensure that new jobs created in clean energy, manufacturing, and infrastructure are open and accessible to women and people of color.
Ensure all workers have a free and fair choice to join a union by passing the Protecting the Right to Organize (PRO) Act, and guarantee union and bargaining rights for public service workers
Tie federal investments in clean energy and infrastructure to prevailing wages and require transportation investments to meet existing transit labor protections.
Clean Energy Block Grants
Establish clean energy block grants that can be used to support clean energy, worker empowerment, and environmental justice.
Clean Energy Standard
Establish an Energy Efficiency and Clean Electricity Standard (EECES) aimed at cutting electricity bills and electricity pollution, increasing competition in the market, incentivizing more efficient use of existing infrastructure, and continuing to leverage the carbon pollution-free energy provided by existing sources like nuclear and hydropower.
President Biden’s plan also will bring underserved communities new critical physical, social, and civic infrastructure. Invest in the Economic Development Agency’s Public Works program and in “Main Street” revitalization efforts through HUD and USDA; spur targeted sustainable, economic development efforts through the Appalachian Regional Commission’s POWER grant program, DOE retooling grants for idled factories, and dedicated funding to support community-driven environmental justice efforts, such as capacity and project grants to address legacy pollution and the cumulative impacts experienced by frontline and fenceline communities.
Target 40 percent of climate and clean infrastructure investments to disadvantaged communities.
Enact an innovative, new competitive grant program that awards flexible and attractive funding to jurisdictions that take concrete steps to eliminate exclusionary zoning and harmful land use policies like like minimum lot sizes, mandatory parking requirements, and prohibitions on multifamily housing
Invest in vulnerable communities through a range of programs, including FEMA’s Building Resilient Infrastructure and Communities program, HUD’s Community Development Block Grant program, new initiatives at the Department of Transportation, a bipartisan tax credit to provide incentives to low- and middle-income families and to small businesses to invest in disaster resilience, and transition and relocation assistance to support community-led transitions for the most vulnerable tribal communities.
Invest in protection from extreme wildfires, coastal resilience to sea-level rise and hurricanes, support for agricultural resources management and climate-smart technologies, and the protection and restoration of major land and water resources like Florida’s Everglades and the Great Lakes.
To eliminate all lead pipes and service lines in the country, he is calling on Congress to invest $45 billion in the Environmental Protection Agency’s Drinking Water State Revolving Fund and in Water Infrastructure Improvements for the Nation Act (WIIN) grants. In addition to reducing lead exposure in homes, this investment also will reduce lead exposure in 400,000 schools and childcare facilities.