A handful of Washington insiders argue that while Obama is calling for the creation of a national infrastructure bank, there is already such an entity in existence and ready to assume the role.
The bank in question is the Export-Import Bank of the United States, which is "...a self-funded government corporation that carries the full faith and credit of the United States, has been financing multibillion-dollar infrastructure projects and creating American jobs for more than 75 years. Why haven't you heard of the bank? Because it finances these projects in Jakarta, Santo Domingo and Sofia, instead of in Chicago, Dallas and Boston."
The group (including former senator Evan Bayh) say the Ex-Im Bank (as its known) is highly reliable and could easily shift to funding programs here at home instead of only abroad.
FULL STORY: We already have the infrastructure bank we need
How to Turn $10 billion into $300 Billion: Create an Infrastructure Bank
It's certainly not a new idea - what's new is the current bipartisan Senate bill, cutely abbreviated as the BRIDGE Act, seeded with $10 billion of federal funds that would attract funds from the private sector to be loaned to worthy projects.
Minnesota Gubernatorial Candidate Campaigned on Increasing the Gas Tax and Wins
Democratic candidate Tim Walz was not shy about his intention to hike the gas tax to pay for improvements for roads and public transit, and he was predictably slammed by his Republican opponent. Similar scenarios played out in Wisconsin and Michigan.
Sound Transit, Feds Agree to Low Interest Rates on $2 Billion in Transportation Funding
If getting low interest rates from the federal government on money borrowed to finance transportation projects sounds like a national infrastructure bank, you're on the right track.
Rethinking Redlining
For decades we have blamed 100-year-old maps for the patterns of spatial racial inequity that persist in American cities today. An esteemed researcher says: we’ve got it all wrong.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Walmart Announces Nationwide EV Charging Network
The company plans to install electric car chargers at most of its stores by 2030.
New State Study Suggests Homelessness Far Undercounted in New Mexico
An analysis of hospital visit records provided a more accurate count than the annual point-in-time count used by most agencies.
Michigan Bills Would Stiffen Penalties for Deadly Crashes
Proposed state legislation would close a ‘legal gap’ that lets drivers who kill get away with few repercussions.
Report: Bus Ridership Back to 86 Percent of Pre-Covid Levels
Transit ridership around the country was up by 85 percent in all modes in 2024.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
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City of Tustin
City of Camden Redevelopment Agency
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Transportation Research & Education Center (TREC) at Portland State University
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions