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The Center for Innovative Finance Support (formerly Innovative Program Delivery) provides tools, expertise and financing to help the transportation community explore and implement innovative strategies to deliver costly and complex infrastructure projects.
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The Office of Innovative Finance has issued the Fall 2023 version of the quarterly newsletter. The newsletter provides information on what's new in Innovative Finance and spotlights a Project Profile to show how you can use different financing mechanisms for your project. Read the Newsletter.
FHWA has released guidance outlines how states can either capitalize or re-capitalize SIB accounts using August Redistribution obligation limitation and toll credits.
Read the Guidance (July 7, 2023).
EDC Legacy: Capturing the Value Created by Transportation
Every Day Counts provided a platform that helped agencies across the country deploy value capture as an equitable means to bridge funding gaps and accelerate implementation of needed projects. Read more
Upcoming Value Capture Strategies Webinar Series: The Detailed 'How-to' Leveraging Federal Innovative Finance Programs and Bridge/Project Bundling
The webinars will feature subject matter and peer experts who have successfully utilized value capture in tandem with innovative finance and project delivery techniques to advance new and modernized infrastructure projects. Registration is free, but space is limited. Certificates of completion and confirmations of attendance are available. Register now!
Value capture is a set of powerful techniques that recover a portion of revenues created by public infrastructure investments and can: address funding gaps, leverage and optimize Federal and State resources, accelerate project delivery using bridge/project bundling contracts, generate seed funding to get the project off the ground, and save time and money.
The FHWA CASE Webtool
The Federal Highway Administration (FHWA) developed the CASE (Contracting Alternatives Suitability Evaluator) Webtool to help States and organizations identify the right method for every highway construction project. The CASE Webtool is FHWA’s online tool that supports public agencies and other transportation organizations in selecting the most effective short- and long-term contracting methods. Learn more and use the CASE Webtool for your next highway construction project at CASE Webtool website.
Value Capture Strategy Primers
FHWA develop a series of primers to assist practitioners understand and navigate the different aspects of implementing Value Capture Strategies in transportation projects. Value capture is an innovative revenue-generation tool that may be either project specific or programmatic in nature. Access to the Value Capture Strategy Primers
Value Capture Frequently Asked Questions (FAQs)
The Value Capture FAQs provide users with information on frequent questions or concerns or in case users just want to know about Value Capture strategies but did not know where to start. The FAQs format is structured by the Value Capture Strategy Catalog. Among the menu of mechanisms that are most widespread in the United States: special assessments, tax increment financing, development impact fees, developer contributions, and joint development. Click here to learn more Value Capture FAQs
The Innovative Finance Video Series
The Innovative Finance Video Series provides an overview of a variety of Innovative Finance techniques, explaining how to use limited funding resources in creative ways to deliver projects sooner. Access to the Innovative Finance Video Series
September 2019
FHWA Releases Value Pricing Pilot Program explanatory graphic
August 2019
FHWA Release EDC-5 Value Capture Implementation Manual; Here is the link to the manual
July 2019
April 2019
January 10, 2019
October 25, 2018
October 17, 2018
New FAQs added to the Section 129 General Tolling Program Page
October 2, 2018
October, 2018
Maine Issues $44.3 million in GARVEES for Ten Highway Projects
September 25, 2018
Oklahoma DOT issues GARVEE Bonds to Support an Innovative P3 Procurement
February 13, 2018
October 12, 2017
October 12, 2017
July 19, 2017
June 14, 2017
June 12, 2017
April 28, 2017
April 29, 2016
March, 2016
January 25, 2016
P3-VALUE 2.0 Analytical Tool and Webinar Series Released January 25, 2016
December 3, 2015
U.S. Transportation Secretary Foxx Announces $211M TIFIA Loan for US 301 Project in Delaware
November 19, 2015
U.S. Transportation Secretary Foxx Announces $282M Loan for US 183 Project in Texas
October 8, 2015
January 16, 2015
January 16, 2015
January 16, 2015
September 10, 2014
Public-Private Partnerships: Core Toll Concession Model Contract Guide Part 1
September 9, 2014
May 21, 2014
April 25, 2014
February 6, 2014
Secretary Foxx Announces $840 Million Loan for the Grand Parkway Project in Greater Houston
January 21, 2014
December 13, 2013
November 21, 2013
November 6, 2013
June 18, 2013
Federal Highway Administrator Mendez, Kentucky Governor Beshear Break Ground on Downtown Crossing
Major Project Financial Plan Guidelines Comment Notice and Request for Comments
December 27, 2012
U.S. Transportation Secretary LaHood Launches Historic Expansion of Infrastructure Finance Fund
June 20, 2012
April 13, 2012
September 1, 2011
April 15, 2011
December 23, 2010
July 23, 2010
June 22, 2010
February 16, 2010
$341 Million TIFIA Loan Approved to Build Port of Miami Tunnel
September 28, 2009
Nation's Top Highway Official Opens I-35W HOT Lanes in Minneapolis
July 13, 2009
March 23, 2009
March 4, 2009
USDOT Approves $603 Million Loan to Build New Express Lanes in Florida
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