Mobilizing Private Investment in Public Infrastructure
Public funds alone are insufficient to address America’s growing infrastructure needs. In 2015, attendees in the Infrastructure for Cities and States Working Group will focus on innovations in project selection and finance by leveraging perspectives from state and local government officials, executives in construction and finance, and union leaders.
Innovative Financing Mechanisms
Expanding traditional forms of financing will allow state and local governments more flexibility in advancing infrastructure projects. Attendees will discuss financing mechanisms that include aggregated products, infrastructure banks, and public-private partnerships.
Strategic Project Selection
Infrastructure projects with clear performance metrics deliver long-term economic benefits to both private and public stakeholders. Attendees will discuss how project selection can maximize the positive impact of infrastructure on communities, such as bolstering urban cores and facilitating access to jobs.
Enhanced Water Supply Maintenance
An emergent priority for infrastructure investment is maintaining and improving water delivery channels. Attendees will discuss cross-sector opportunities for enhancing efforts focused on efficiency, access, and quality.
A Resource Clearinghouse for American Infrastructure PPP’s
By: The Brookings Institution
In 2013, the Brookings Institution’s Metropolitan Policy Program committed to develop and launch a centralized web-based clearinghouse to facilitate the creation of public-private partnerships (PPP) for infrastructure development in the United States. The online platform will include case studies examining best in-class PPP projects, a best practices guide, and a resource bank providing model contracts, technical documents, and a networking platform.
Investment and Training for American Infrastructure
In 2011, the AFL-CIO committed to encourage workers’ capital to contribute to large-scale improvements to America’s built environment through an investment of $10 billion by 2016. As of February 2015, the commitment has grown to $14 billion, with $6.5 billion deployed into infrastructure projects.
West Coast Infrastructure Innovation Initiative
By: West Coast Infrastructure Exchange (WCX)
In 2014, the West Coast Infrastructure Exchange (WCX)—working with the Environmental Protection Agency and the of Washington, California, and Oregon—committed to address the lack of water infrastructure funding and capacity for project planning at the local level. WCX and its public sector partners aim to reduce regulatory and investment obstacles by identifying viable water and waste water projects in the region and compile the projects into a portfolio for a single long-term contract. The purpose is to demonstrate the viability of aggregating smaller projects into a single master agreement that can achieve economies of scale and accomplish a more rapid modernization of aging water systems.
Voices from the Meeting
Stephanie A. Miner
City of Syracuse
Stephanie A. Miner, a participant in the 2014 Infrastructure for Cities and States Working Group, discusses how her city's greatest challenges in regards to infrastructure can be transformed into opportunities through innovative financing models. Read her story.
Featured Past Participants
American Federation of Teachers
BMO Capital Markets
Building America’s Future
Center for American Progress
Lafarge North America
Macquarie Infrastructure Partners Inc.
Natural Resources Defense Council
North America’s Building Trades Unions
The U.S. Conference of Mayors
The White House
U.S. Department of Transportation
West Coast Infrastructure Exchange