LOC News
Municipal Bonds Webinar for Transportation Projects
The Federal Highway Administration (FHWA) has scheduled a webinar for April 14 from 10 a.m. to 12 p.m. PDT. The FHWA’s Value Capture Implementation Team and expert speakers will review the connection between municipal bonds and value capture strategies. Expert speakers will explore several topics, including the benefits of leveraging value capture strategies with municipal bonds to finance the infrastructure necessary to spur economic development/redevelopment. Speakers will discuss: basic requirements for issuing a bond; rules and regulations that govern tax-exempt and taxable bonds; major players involved in a bond transaction, such as the rating agencies and investment banks; and the roles and responsibilities of both public and private sector participants.
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WHAT: Value Capture Strategies and Municipal Bonds WHEN: Wednesday, April 14, 10 a.m. – 12 p.m. PT REGISTER: Register here Registration is free but space is limited. |
Value capture strategies can help public agencies recover some of the value created by transportation investments to in turn reinvest, maintain, or operate that very transportation investment. Value capture can apply to highway and highway-related infrastructure, public transportation, parking garages, trails, among other transportation facilities.
Value capture techniques like tax Increment financing and special assessments can generate sustainable, long-term revenue streams, which can unlock the use of bond financing. This in turn enables public agencies to pay for a project’s upfront capital until the value capture monies are available and used to repay debt service. The debt term typically often aligns with the life span of the districts created for the value capture technique deployment. This can range from between five and 30 years — enough time for incremental or new revenues generated from new development and economic activities to pay bond or other debt payments.
TARGET AUDIENCE: This webinar is intended for professionals from states, cities, counties, tribes, metropolitan and rural transportation agencies looking for innovative funding and financial strategies to pay for transportation projects. This would include professionals involved with directing and managing aspects of highway-related programs and projects, such as planning, environment, project development, design, construction, operations, maintenance and finance.
If you have questions FHWA is suggesting you reach out to Thay Bishop at (770) 650-5894 or Thay.Bishop@dot.gov
Contact: Jim McCauley, Legislative Director - jmccauley@orcities.org
Last Updated 4/2/21