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Reason
Reason
Joe Lancaster

Feds To Spend Hundreds of Millions of Dollars on E.V. Chargers in 'Disadvantaged Communities'

Last week, the White House announced that the Federal Highway Administration (FHWA) would issue $623 million in grants for states to build chargers for electric vehicles (E.V.s). The money comes from the Charging and Fuel Infrastructure Discretionary Grant Program, a $2.5 billion fund established as part of the 2021 Infrastructure Investment and Jobs Act. According to the announcement, the project "will fund 47 EV charging and alternative-fueling infrastructure projects in 22 states and Puerto Rico, including construction of approximately 7,500 EV charging ports."

Unfortunately, that money is unlikely to go as far as it would have in private hands. "The CFI Program advances President Biden's Justice40 Initiative, which set a goal that 40% of the overall benefits of federal investments flow to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution," bragged the FHWA press release. "More than 70% of the CFI funding announced today will support project sites in disadvantaged communities."

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