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Financing Surface Transportation in the United States: Forging a Sustainable Future—Now! (2012) / Chapter Skim
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Pages 63-66

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From page 63...
... • The "but for" question: What happens when a candidate project is denied federal credit support? Do these projects disappear, are they financed with traditional funding sources, or are they advanced on a limited recourse basis by using other financing sources?
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From page 64...
... Individual participants in Discussion Session 3 identified the following issues and potential research topics: Overarching Challenges • Communicating current finance strategies and potential solutions to the public and elected officials: There is a general lack of understanding about how transportation is funded and financed and a need for better communication and education. • Collection approaches, allocation of funds, size of program: Too many debates are occurring at once, which is confusing for the public and elected officials.
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From page 65...
... The 2010 New Orleans conference explored these options as well as the latest transportation finance instruments. Among them were Build America Bonds, private activity bonds, availability payments, and federal initiatives and economic stimuli, including the Transportation Investment Generating Economic Recovery discretionary grant programs.
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From page 66...
... 58 FINANCING SURFACE TRANSPORTATION IN THE UNITED STATES ference, reinforcing the relationship between transportation investment and sustainability and focusing on the local context in southern Louisiana in the aftermath of Hurricane Katrina and in the wake of the Deepwater Horizon oil spill. The theme of sustainability was also reflected in the organizing committee's emphasis on engaging the next generation of transportation professionals in the conference.
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Key Terms

  • availability payment
  • federal credit
  • availability payments
  • highway improvements
  • ability payment

  • ing challenge
  • grant program
  • vehicle mile


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