The bonds finance new green infrastructure projects that otherwise would be considered too risky.

Atlanta wants to clean up the Proctor Creek watershed, and it has released a $14 million environmental impact bond for a series of green infrastructure projects, writes Jared Brey:
Environmental impact bonds (EIBs), like social impact bonds, are a type of financing that provides different levels of return for investors based on how well the projects funded by the bond perform. If a green infrastructure intervention is more effective than expected, investors get a greater return; if less successful, the return is lower.
EIBs are useful financing mechanisms for projects that are innovative but also considered risky and that might be harder to fund through a traditional bond. The Atlanta EIB will fund six projects, including installation of stormwater planters, creek and habitat restoration, and development of bioretention and wetland areas.
The firm Quantified Ventures helped Atlanta with the EIB, and it also worked with DC Water on the country’s first EIB, launched in 2016. Brey reports that investors in Atlanta include both firms committed to the environmental outcomes and larger, more traditional investment firms.
FULL STORY: Atlanta Issues Environmental Impact Bond for Green Infrastructure

Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?

Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.

Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.

LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
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