The House bill eliminates Private Activity Bonds (PABs) and Low-income Tax Credits, which are critical to the construction of housing developments. Both bills call for eliminating advanced refinancing bonds. These tax-exempt bonds allow cities to refinance debt. Without advance refinancing bonds, many large projects at the state and local levels of government will be immediately jeopardized. Additionally, the tax reform bill, unless changed, increases the federal deficit and that will trigger $150 billion in automatic cuts to vital transportation and infrastructure investments.
View this complete post...Archive for the ‘National’ Category
Infrastructure projects worth billions hang in limbo as Congress debates tax reform bill
Friday, December 15th, 2017The Future of Equity in Cities
Thursday, December 14th, 2017
While many cities feel the immediate positive outcomes from wealth flooding into metropolitan regions, they also feel the negative impact on community members of varying income levels – particularly, those at the bottom that face increased housing prices, greater need for social services and growing concern for community safety. The income inequality and wealth gaps are at outsized levels, with the richest 0.1 percent holding the same amount of wealth as the bottom 90 percent. And when examined through a racial equity lens, the disparities become even starker; on average, white families have six times the wealth of African American and Hispanic families. This is where we are now. Unfortunately, the current policy environment at the national level isn’t focused on alleviating these inequities—cities are.
View this complete post...Filling the Gap: A Realistic Look at Today’s Challenges and Opportunities in U.S. Infrastructure
Monday, December 11th, 2017
Developing nations aren’t the only ones with poor infrastructure. Across the U.S., examples of citizens, government officials and the press criticizing the condition of their roads and bridges, airports, schools or other infrastructure are easy to find. This should come as no surprise, says Scott Pattison, CEO of the U.S. National Governors Association (NGA), “because as a nation, we are critically underinvesting in our infrastructure.”
View this complete post...ACEC’S ENGINEERING INC. — Can P3s Rescue U.S. Infrastructure?
Wednesday, December 6th, 2017
Over the last decade, it has become increasingly clear that America’s infrastructure requires a significant upgrade. Roads, highways, bridges and tunnels have decayed and deteriorated—sometimes to the point of catastrophic failure. Yet, with tax dollars limited and funding for projects largely declining, finding a way out of the mess has been extraordinarily difficult.
“It has put the spotlight on public-private partnerships,” states Lee Weintraub, chair of public-private partnerships and vice chair of construction, law and litigation at Becker & Poliakoff.
View this complete post...Cities: where the action is…
Monday, December 4th, 2017Many large cities have been so successful in revitalizing downtown areas, it’s now extremely difficult to find parking, to secure restaurant reservations or lease retail space. People wait for years to lease condos in revitalized urban areas and real estate prices have increased significantly. In far too many other American cities, however, downtown areas are anything but vibrant. Some are eyesores because of vacated buildings and a few almost feel like ghost towns. When cities languish, municipal revenues become strained and the downward spiral escalates even more quickly.
View this complete post...Introduce a Girl to Engineering Day: Coming February, 2018
Friday, December 1st, 2017
Inspire a girl’s future! Introduce a Girl to Engineering Day (Girl Day) is a chance to get involved and share the excitement of engineering with the next generation of engineers. Show girls what engineers do and give them an opportunity to see themselves as engineers who can make a difference in the world. Learn more about #GirlDay2018 and how you can get involved here! http://discovere.org/girlday
View this complete post...Guest on The Infra Blog: Jim Mathews, President and CEO, National Association of Railroad Passengers (NARP)
Wednesday, November 22nd, 2017
Jim Mathews is President and CEO of NARP. Before joining NARP, Mathews was Executive Editor of the Aviation Week Intelligence Network. During his 26-year tenure at Aviation Week, he cultivated the company’s digital strategy and led teams that twice won national awards for best news website. Mathews served on the Amtrak Customer Advisory Committee for six […]
View this complete post...Why Are Historic Train Stations Making a Comeback?
Thursday, November 16th, 2017
In Denver and cities across the United States, historic train stations are getting a new lease on life. Many are anchoring downtown redevelopment projects as well.
View this complete post...AASHTO’s New President on Trump and Challenges Facing Transportation
Wednesday, November 15th, 2017
Newly elected AASHTO President John Schroer has worn many hats in his 65 years. He’s run a commercial real estate business, served as the mayor of Franklin, Tennessee and in 2011, he was appointed commissioner of the Tennessee Department of Transportation where he’s responsible for more than 3,400 employees. In Sept. 2017 the American Association of State Highway and Transportation Officials—Board Directors elected Schroer AASHTO president. In this Presidential Profile video Schroer explains why ensuring sustainable Federal funding for transportation is one of his top priorities. President Schroer also says he will work closely with the Trump administration and help State DOTs to prepare for the fast emerging technologies that are changing transportation as we know it.
View this complete post...Steelworkers Want Trump to Keep This Key Promise
Friday, November 10th, 2017
The Trump administration pledged to act to safeguard American steel by July 1. But that deadline is long past — and now a crisis is getting worse.
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