State Infrastructure Finance Alternatives Examined
Not all states are equal when it comes to encouraging the use of innovative infrastructure finance alternatives, according to a new study by researchers at the National Conference of State Legislatures (NCSL).
The study, which looks at state enabling authority for 12 of the most commonly used infrastructure finance tools, is the centerpiece of a new publication from NAHB, “Infrastructure Finance: Does you state encourage innovation?”
“It is becoming increasingly difficult for local governments to finance much needed infrastructure,” said NAHB President-elect David Pressly. “This new publication will help local officials determine the financing options that are available in their states.”
Click here to see what tools are specifically authorized in your state.
Bridging two significant pieces of research, “Infrastructure Finance” is the second in a series of NAHB publications focusing on innovative infrastructure tools. The main body of NCSL’s research — examples of existing statutes with citations and summary analysis — is too long for the new publication, but it is available by clicking here.
NAHB published the first entry in its series on infrastructure tools two years ago. The 32-page “Building for Tomorrow: Innovative Infrastructure Solutions” explains more than 20 infrastructure financing tools and delivery mechanisms and presents case studies on their successful application.
Due out next spring, the third installment in this series will be an infrastructure finance tool box providing detailed, step-by-step instructions on how to use various innovative alternatives. The publication will explain how to decide which tools are best suited for a given circumstance, and how to build a team that can make it happen.
The NCSL study was funded by NAHB, the National Council of the Housing Industry, National Association of Realtors®, the National Association of Industrial and Office Properties, the National Apartment Association and the International Council of Shopping Centers.
For more information about the new study and innovative infrastructure solutions, e-mail Blake Smith at NAHB, or call him at 800-368-5242 x8583.
Attend Upcoming Government Affairs Conference in Phoenix
Interactive skills-building sessions, hot issues and prime networking opportunities will be featured at State and Local Government Affairs Conference
in Phoenix on Nov. 17-19 at the Wyndham Buttes Resort. The conference is for association staff members and leaders who work with their local or state governments on regulatory and other state and local government issues. To register or for more information, click here