FHWA Resource Center
INNOVATIVE FINANCE TEAM
The Resource Center Innovative Finance Technical Service Team provides a complete range of services
to financial officials at state, local, and Federal Highway Administration
Division offices across the United States, covering 50 states and six
territories. The mission of the Finance Team is to provide sound innovative
financing and federal fund management alternatives that (i) rely on
solid and prudent analysis in leveraging federal funds to meet capital
requirements, (ii) are consistent with the State's needs and overall
capital management strategy, (iii) foster effective and efficient stewardship
of the Federal-aid program, (iv) employ a creative approach that results
in real added value, (v) can successfully attract infrastructure investors
through public-private-partnership contracts.
Our vision is to become
"America's" Best Innovative Finance Technical Service Team.
The Innovative Finance
Technical Service Team has been actively engaged across the U.S. to provide
a full range of specialized advice and services that help guide the application
of innovative transportation finance tools from concept to closure. The
Innovative Finance Technical Service Team provides support in the areas highlighted
below:
Innovative Transportation Finance: through the use of the
tools listed below, users may expand opportunities to advance projects more
rapidly and to make projects feasible that might not be possible otherwise.
These tools are:
Grant Management
Initiatives: Grant Anticipate Revenue Vehicle Bonds (GARVEEs), Grant
Anticipation Notes (GANs) and State Infrastructure Bank (SIBs) capitalization
that leverage federal grant funding;
Credit Instruments: Section 129 Loans, TIFIA, and the Railroad Rehabilitation
Improvement and Financing program;
Tax Incentives: Private Activity Bonds and Tax oriented leasing;
Grant Management Tools: Tapered and soft match, toll credits, and
advance and partial conversion of advance construction; and
Public and Private Partnerships to attract and encourage private equity
investor investment in infrastructure transportation projects.
Multi Mode
Transportation Finance: Cross border and multi-jurisdiction infrastructure
projects, freights, and mass transit financing
Debt Management & Risk Management: Post issuance management
and investment alternatives
Finance Management
Stewardship and Internal Control: Assist with effective management
of accounting and auditing systems and programs
Corporate Single
Audit and Audit Consultant: Improve audit efficiency, minimize
audit intrusion on private industry and acceleration of the closing of highway
projects with railroad and/or utility agreements
Market best
practices: Conduct interactive workshops and conferences
Whether our customers are planning
to finance infrastructure projects in traditionally or with an innovative
approach, it is more important than ever to understand the choices available
for them, and to determine the right financing alternative for the specific
project profile to achieve the lowest cost of capital.
Your Resource for Innovative Transportation Finance!
Listed below are the Resource Center Innovative Finance Experts. Please e-mail or call the Team Leader or the Specialist assigned to your Division Office/States.
| Team Members | Specialty Area(s) |
TECHNICAL ASSISTANCE
