Biden Infrastructure Plan – Opportunities for REITs

On March 31, 2021, President Joe Biden announced his much-anticipated infrastructure package, named the American Jobs Plan (the “Plan”), a proposal to spend $2 trillion on infrastructure in the United States. Specifically, the Plan’s stated purpose is to (i) fix highways, rebuild bridges, upgrade ports, airports and transit systems and expand transit and rail into new communities; (ii) deliver clean drinking water, a renewed electric grid and high-speed broadband to all Americans; (iii) build,...
By: Stroock & Stroock & Lavan LLP

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