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.
Read the 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.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Amtrak, CN end decades-long dispute with eight-year agreement
The new operating agreement establishes an updated framework for the companies to work together, including processes to resolve disputes.
Judges permit Denver to divert 77,000 acre feet from the Colorado River for reservoir expansion
Overuse and climate change have caused the Colorado River’s water levels to plummet.
Atlanta City Council unanimously backs $3.5 billion Beltline light rail project
The resolution was drafted after Atlanta Mayor Andre Dickens pulled support for the Atlanta Streetcar extension last year.
SEPTA to bring nearby frequent transit to over 1 million new riders as part of decade-long plan
The agency's Accelerate plan will also bring frequent transit to twice the amount of jobs that are currently located near it.
NYC plants over 18,000 trees, the most new foliage in a decade
Many of the trees were planted in communities vulnerable to extreme heat.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Wisconsin Rapids
Harvard University Graduate School of Design
KFH Group Inc.
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello