The Trump administration is reportedly working on a $30 billion plan to replace America’s aging infrastructure.
The report comes after a bipartisan group of lawmakers introduced legislation to “purchase, renovate, and/or acquire” some of the country’s aging, overgrown infrastructure, the Hill reported on Wednesday.
The plan, called the “Trump Infrastructure Restoration Act,” would include a $5 billion loan guarantee to help build the infrastructure that will eventually replace the nation’s aging railroads, water and sewer systems, bridges, airports, and other facilities.
It is the first major infrastructure bill passed by Congress since the 2016 election.
It would also be the first in which the federal government would buy and renovate infrastructure as part of a national infrastructure project, the Washington Post reported.
In December, Trump signed an executive order to help speed up the project, which will require funding from the federal Treasury.
The Trump administration has been actively working on the project since February, according to The Hill.
The White House did not immediately respond to a request for comment.
The administration is also reportedly working to develop a $200 billion loan to rebuild America’s crumbling airports.
The Associated Press reported on Monday that the Department of Transportation has also been working on building a new rail tunnel under the Atlantic Ocean.
The Department of Housing and Urban Development has also begun the process of acquiring an $80 billion rehabilitation of older housing and apartment buildings in the Washington, D.C. area, according the Associated Press.