WASHINGTON – President Joe Biden traveled to Northfield, Minnesota on Nov. 1 to highlight federal investments in Rural America.
During the visit, Biden announced over $5 billion in new investments from his “Investing in America” agenda – including the Bipartisan Infrastructure Law and the Inflation Reduction Act.
Biden, cabinet members, and senior administration officials are visiting rural areas across the country as part of the Investing in Rural America Event Series to highlight how the administration’s investments “are bringing new revenue to farms, increased economic development in rural towns and communities and more opportunity throughout the country,” according to a recent press release.
The over $5 billion in new investments in rural America include $1.7 billion in investments in “climate-smart” agriculture, $1.1 Billion in infrastructure, $2 billion in investments to partner with rural communities to create jobs and support rural-led economic development, $274 million to expand critical rural high-speed internet infrastructure and $145 million to expand access to renewable energy and lower energy costs for rural Americans.
To learn more visit the White House Fact Sheet.