How an Infrastructure Bank Could Work

Last week, a bill was submitted to Congress to create an entity to "facilitate efficient investments and financing of infrastructure projects." Robert Puentes of the Brookings Institution explains how he thinks a natl. infrastructure bank could work.

Emily Badger talks with Puentes about the proposed "American Infrastructure Financing Authority."

Puentes thinks it's an idea whose time has come, because "America doesn't make decisions very well on which infrastructure projects bear national significance - or even what that national significance should mean."

"As the U.S. tries to transition out of the recession into a new kind of economy, we should build infrastructure that serves that goal, Puentes says, that reinforces global competitiveness and economic growth (and not, say, the levy crumbling in an Appropriations Committee member's hometown)."

Full Story: Loans Based on Merit, Not Clout

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month

Stay thirsty, urbanists

These sturdy water bottles are eco-friendly and perfect for urbanists on the go.
$19.00
Book cover of Where Things Are from Near to Far

Where Things Are From Near to Far

This engaging children's book about planning illustrates that "every building has its place."
$19.95