Hydrogen Infrastructure Finance and Innovation Act

This bill establishes the Hydrogen Infrastructure Finance and Innovation Act (HIFIA) pilot program to fund hydrogen infrastructure projects. It provides grants and low-cost loans (up to 80% of costs) to eligible entities like corporations, governments, and nonprofits building hydrogen pipelines, storage, or delivery systems - especially projects retrofitted for hydrogen blends or new pure-hydrogen lines. Priority is given to projects reducing emissions, minimizing environmental impact, serving disadvantaged communities, and creating U.S. jobs. The program requires mandatory leak monitoring and limits annual federal funding to $100 million for fiscal years 2024-2028.