FAST Act

Congress hears testimony on why TIFIA is so important, and how it can be improved

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On July 12, the Senate Committee on Environment and Public Works held a full committee hearing entitled, “The Use of TIFIA and Innovative Financing in Improving Infrastructure to Enhance Safety, Mobility, and Economic Opportunity.”

The hearing focused on the nation’s enormous need for infrastructure investment, and how Transportation Infrastructure Finance and Innovation Act (TIFIA) loans can help meet it. Christopher Coes, Vice President for Real Estate Policy and External Affairs, joined the hearing to testify.

Advocacy LOCUS

FAST Act contains new ways to finance transit-oriented development

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Developers have two new ways to finance transit-oriented development, like the buildings in this rendering for Triangle Transit in North Carolina. Image via Our Transit Future. On December 4, President Obama signed into law the Fixing America’s Surface Transportation (FAST) Act, a five-year $305 billion transportation authorization. Included among the bill’s many provisions (good and … Continued

LOCUS

Safe streets provisions in FAST Act represent a huge step forward in the effort to strengthen local communities

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Late last night, Congress passed a five-year, $305 billion transportation bill—the Fixing America’s Surface Transportation (FAST) Act. Notably, the bill requires all design for National Highway System roadways to take into account access for all modes of transportation. It also makes NACTO’s Urban Design Guide one of the standards for when the U.S. Department of Transportation designs roads, and it permits local governments to use their own adopted design guides if they are the lead project sponsor, even if it differs from state guidelines.

Emiko Atherton, Director of the National Complete Streets Coalition, issued the following statement in response.

Complete Streets