The document discusses the infrastructure gap facing Ontario municipalities. It estimates that an additional $6 billion per year needs to be spent for the next 10 years, on top of existing spending, to close the infrastructure deficit in areas like roads/bridges, water/wastewater, transit, and solid waste management. This represents a significant burden for municipalities. The province provides municipalities with various tools to help address their infrastructure needs.
This document summarizes a potential pay for success program to address childhood asthma through healthy homes interventions in Springfield, MA. It outlines the basic pay for success model and how it could apply to reducing asthma triggers in the home. Unhealthy homes cause 40% of asthma episodes, so addressing root causes through environmental assessments, education, and repairs could significantly improve health outcomes. The evidence shows home-based multi-trigger interventions recommended by the Surgeon General and Task Force can reduce asthma hospitalizations and costs. Measurable savings in healthcare utilization could repay private investors if a targeted number of asthma episodes are averted.
Colorado finance summit governors energy officesnugghome
The Governor's Energy Office aims to provide Coloradans with access to energy efficiency information, services, and finance opportunities. It launched the Recharge Colorado campaign and website to promote energy efficiency and renewable energy programs across the state. The campaign encourages small actions that create change towards a new energy economy. The Energy Office also partners with banks on financing programs like the residential clean energy loan program and energy star mortgage program. It established a $13 million fund to leverage efficiency and renewable projects through loans and loan loss reserves. Finally, it discussed legislation supporting Property Assessed Clean Energy financing for commercial and residential improvements.
FCLF is a CDFI that provides financing for non-profits doing community development work. Since 1996, FCLF has provided over $51 million in 173 loans totaling over $250 million for projects, creating over 5,600 jobs and serving over 22,500 people. Metropolitan Ministries is expanding its human services campus using NMTC financing from FCLF. The expansion will add housing, increase served populations, and allow additional services like education programs. FCLF's NMTC projects total $358 million and have included facilities like schools, manufacturing plants, and healthcare centers.
The document discusses options for local authorities to finance energy efficiency retrofit projects. It outlines several models local authorities could use, including renting roof space for solar panels, establishing a retrofit guarantee fund, facilitating private sector involvement, direct financing and delivery, and public-private partnerships. The strengths and issues of each model are examined. Case studies of Birmingham, Newcastle, and Nottingham councils working with EST are provided. EST also convenes a national Finance Innovators Group for knowledge sharing between local governments.
The document discusses state and local efforts to finance clean energy projects in Maryland. It describes Maryland Energy Administration's $29 million investment in fiscal year 2011, which is expected to generate $86 million in energy savings, 412 jobs, and avoid 23,000 tons of carbon dioxide emissions. It also outlines Maryland's experience with revolving loan funds, including zero-interest loans for state building retrofits totaling over $16 million since 1991. Finally, it discusses new financing strategies like property assessed clean energy loans and consumer loans to speed financing for clean energy investments at a larger scale.
How to Save a Planet - On a Budget: Hour 2: Public Private Partnerships for R...Social Media Today
The webinar discusses financing green infrastructure projects on a budget through public-private cooperation. It features speakers from Siemens Financial Services, CH2M HILL, and the US Green Building Council who will discuss stimulus programs, the economic case for renewable infrastructure investments, and examples of green infrastructure projects financed through innovative public-private models. Attendees are encouraged to submit questions and share thoughts on social media using the #GreenFinance hashtag.
The document discusses framework and opportunities for public-private partnerships in infrastructure development in Ekiti State, Nigeria. It provides an overview of the African Development Bank, its financing windows including the African Development Fund and Nigeria Trust Fund. It also discusses the Bank's support for private sector infrastructure projects in countries like Uganda, Nigeria, and its role in pioneering public-private partnership road projects in Nigeria. Specific funding requests and opportunities for Ekiti State are mentioned, including capacity building for public-private partnerships and a feasibility study for the Ero Dam Water Supply and Sanitation Scheme.
Green Finance Business Seminar 24 March 2011WinterRuleLLP
Presentation notes from seminar "Green Finance for your business: The funding options for Cleantech businesses and Low Carbon business initiatives. Are you investment ready?". Seminar hosted by Winter Rule and Low Carbon Team at Cornwall Development Company.
This document summarizes a potential pay for success program to address childhood asthma through healthy homes interventions in Springfield, MA. It outlines the basic pay for success model and how it could apply to reducing asthma triggers in the home. Unhealthy homes cause 40% of asthma episodes, so addressing root causes through environmental assessments, education, and repairs could significantly improve health outcomes. The evidence shows home-based multi-trigger interventions recommended by the Surgeon General and Task Force can reduce asthma hospitalizations and costs. Measurable savings in healthcare utilization could repay private investors if a targeted number of asthma episodes are averted.
Colorado finance summit governors energy officesnugghome
The Governor's Energy Office aims to provide Coloradans with access to energy efficiency information, services, and finance opportunities. It launched the Recharge Colorado campaign and website to promote energy efficiency and renewable energy programs across the state. The campaign encourages small actions that create change towards a new energy economy. The Energy Office also partners with banks on financing programs like the residential clean energy loan program and energy star mortgage program. It established a $13 million fund to leverage efficiency and renewable projects through loans and loan loss reserves. Finally, it discussed legislation supporting Property Assessed Clean Energy financing for commercial and residential improvements.
FCLF is a CDFI that provides financing for non-profits doing community development work. Since 1996, FCLF has provided over $51 million in 173 loans totaling over $250 million for projects, creating over 5,600 jobs and serving over 22,500 people. Metropolitan Ministries is expanding its human services campus using NMTC financing from FCLF. The expansion will add housing, increase served populations, and allow additional services like education programs. FCLF's NMTC projects total $358 million and have included facilities like schools, manufacturing plants, and healthcare centers.
The document discusses options for local authorities to finance energy efficiency retrofit projects. It outlines several models local authorities could use, including renting roof space for solar panels, establishing a retrofit guarantee fund, facilitating private sector involvement, direct financing and delivery, and public-private partnerships. The strengths and issues of each model are examined. Case studies of Birmingham, Newcastle, and Nottingham councils working with EST are provided. EST also convenes a national Finance Innovators Group for knowledge sharing between local governments.
The document discusses state and local efforts to finance clean energy projects in Maryland. It describes Maryland Energy Administration's $29 million investment in fiscal year 2011, which is expected to generate $86 million in energy savings, 412 jobs, and avoid 23,000 tons of carbon dioxide emissions. It also outlines Maryland's experience with revolving loan funds, including zero-interest loans for state building retrofits totaling over $16 million since 1991. Finally, it discusses new financing strategies like property assessed clean energy loans and consumer loans to speed financing for clean energy investments at a larger scale.
How to Save a Planet - On a Budget: Hour 2: Public Private Partnerships for R...Social Media Today
The webinar discusses financing green infrastructure projects on a budget through public-private cooperation. It features speakers from Siemens Financial Services, CH2M HILL, and the US Green Building Council who will discuss stimulus programs, the economic case for renewable infrastructure investments, and examples of green infrastructure projects financed through innovative public-private models. Attendees are encouraged to submit questions and share thoughts on social media using the #GreenFinance hashtag.
The document discusses framework and opportunities for public-private partnerships in infrastructure development in Ekiti State, Nigeria. It provides an overview of the African Development Bank, its financing windows including the African Development Fund and Nigeria Trust Fund. It also discusses the Bank's support for private sector infrastructure projects in countries like Uganda, Nigeria, and its role in pioneering public-private partnership road projects in Nigeria. Specific funding requests and opportunities for Ekiti State are mentioned, including capacity building for public-private partnerships and a feasibility study for the Ero Dam Water Supply and Sanitation Scheme.
Green Finance Business Seminar 24 March 2011WinterRuleLLP
Presentation notes from seminar "Green Finance for your business: The funding options for Cleantech businesses and Low Carbon business initiatives. Are you investment ready?". Seminar hosted by Winter Rule and Low Carbon Team at Cornwall Development Company.
The document discusses infrastructure and its role in economic growth and development. It defines infrastructure and provides examples of what it includes at both a general and local site level. It also discusses the costs associated with infrastructure projects and provides examples of what £10 million could fund. The document advocates for local authorities to take a leading role in developing site-specific infrastructure to enable control and quicker resolution of issues. It poses questions for discussion around planning, infrastructure challenges, and funding/cash flow opportunities and challenges.
The document discusses adopting a corporate landlord approach to managing local authority property assets. It notes that under this approach, ownership and management of assets is transferred from individual service departments to a centralized corporate landlord body. This aims to improve strategic management of assets, reduce property requirements and costs, increase efficiencies, and better support policy objectives like regeneration. The corporate landlord model is becoming more popular as it can help rationalize property portfolios and ensure assets are used to deliver broader corporate goals.
2017 Alternative Funding and PartnershipsJodi Rudick
This document provides guidance for the Sample Parks and Recreation Department's partnership policy and process. It defines the purpose of pursuing partnerships to utilize additional resources for community benefit. The policy outlines possible partnership types and benefits. It establishes a multi-step partnering process and evaluation criteria focused on the partnership's alignment with the department's mission and goals. An outline format is also provided to guide partnership proposals.
"Capitalising on Public Sector Assets" was a seminar held by Overbury in conjunction with Gorvernetz on November 2011 at MediaCity, Salford.
Overbury are the UK's leading fit out and refurbishment specialists. Visit www.overbury.com for more information.
1) The document discusses strategies for building sustainable communities, including comprehensive approaches that address housing, schools, and other community needs.
2) It describes LISC's model of bringing together funding partners, advising on community development, and investing financial and technical resources locally to maximize impact.
3) Key elements of LISC's approach include developing neighborhood plans, collaborating across sectors, targeting investments concentrated areas, and engaging public and private partners.
The document discusses how government policies in the UK are shifting funding and decision making away from national programs towards greater local control, flexibility, and innovation. Key points include less rigid spending programs and targets imposed from above, and more emphasis on local tax freedoms, social enterprise, market incentives, and competitive funding. New models and sources of funding are emerging, such as tax increment financing, community infrastructure levies, and a growing places fund, that aim to better leverage development and unlock growth. Engaging communities will also be important to take advantage of the opportunities in the new policy environment.
This document discusses economic development opportunities and challenges in Groton, Connecticut. It outlines learning objectives around land use policy, regulatory audits, and obtaining funding for planning. It then provides an overview of Groton's demographics, major employers, and attractions. Issues facing Groton include loss of tax revenue and an unfriendly business environment. The document recommends conducting a regulatory audit and market analysis to identify opportunities for targeted industry, redevelopment areas, and regulatory reforms. Next steps include implementing the market analysis, beginning regulatory revisions, and building community support.
The role of NGOs in tourism concessions Steve CollinsAnna Spenceley
A presentation on the role of NGOs in tourism concessions, with examples from Mozambique and South Africa, with the African Safari Lodges Foundation, from Steve Collins
Lending Manager Judi Mortenson discusses how cities can partner with the Lending Center to make resources available to residents, resulting in cost-effective energy efficiency. Examples of existing partnerships highlight the degree to which programs vary from city to city.
Overview of U.S. Treasury Final Rule For ARPA Fiscal Recovery Fundnado-web
Eryn Hurley (National Association of Counties) discusses the four major categories of eligible users for American Rescue Plan funds at the NADO-DDAA Washington Conference.
Day 1 the role of ng os in facilitating tourism concessions_african safari fo...Boundless Southern Africa
African Safari Foundation provides a range of services to communities living in and alongside Protected Areas and Transfrontier Conservation Areas. They also focus on supporting communities entering into joing-venture concession agreements.
This document summarizes a workshop on REDD projects in Papua, Indonesia held by New Forests Advisory Inc. It discusses New Forests' Papua REDD project, including establishing baselines and carbon accounting methodologies, governance structures, consultation processes with local communities, linking to national REDD strategies, and distributing project benefits. Key challenges included establishing evidence-based baselines in low-deforestation areas and addressing legal and technical uncertainties around REDD projects.
The document summarizes how the Inter-American Development Bank (IDB) works with private sector entities in Latin America and the Caribbean to promote sustainable development through private sector investments and financing. Specifically:
- IDB provides loans, guarantees, and technical assistance to large and medium-sized businesses across various sectors like infrastructure, energy, agriculture, and education.
- Case studies highlight projects in renewable energy, transportation, and forestry that generate jobs and economic growth while following environmental and social standards.
- IDB also works to strengthen financial systems and mobilize private capital through credit lines, syndicated loans, and capital market instruments.
Terry McGivern MEGS-KT lecture 14th November 2012Andrea Wheeler
This document provides an overview of the FLASH programme and the Institute for Sustainability. It discusses several of the Institute's key programmes, including Resource Efficient Buildings (which includes FLASH, FLASH+, ICAD, RE: Start Local and Climate Market Accelerator), Sustainable Infrastructure, and Sustainable Transport. These programmes aim to accelerate sustainable communities and cities through applied research, demonstration projects, knowledge sharing, and engaging multiple partners like businesses, governments and academics. The document also summarizes some of the Institute's approaches like building performance evaluation, retrofit guides, and helping businesses understand opportunities in low carbon building retrofit.
This document summarizes an upcoming conference on Aboriginal energy to be held on December 9-10, 2015 at the Eaton Chelsea Hotel in Toronto, Ontario. The conference will focus on integrating traditional knowledge into sustainability projects, the role of Aboriginal development corporations in energy development, and strategies for financing major energy projects in First Nations communities. Speakers will address renewable energy opportunities, consulting with Indigenous communities, training programs, and forming partnerships for energy projects. The event aims to provide knowledge on economic development through a community, policy, and technology lens.
This document outlines the concept of social finance and the potential for a national collaboration in Canada called CAUSEWAY. Social finance aims to generate both financial returns and social/environmental benefits. It exists on a continuum between traditional investments and grants. CAUSEWAY would work to develop new financial pathways in Canada for investing in public benefit through activities like convening stakeholders, supporting product and policy development, and building knowledge in the field.
The Future Financing of Real Estate Development in Cities Comparing US and Eu...Graham Squires
This document compares approaches to financing real estate development in US and European cities. It analyzes case studies of developments in the San Francisco Bay Area and London, Berlin, and Leiden. Both regions rely on public-private partnerships and blended financing from various sources. The US utilizes federal programs, tax incentives, value capture bonds, and developer fees, while Europe focuses more on equity financing from institutional and foreign investors due to debt constraints. Both regions could benefit from collaborative policies and innovative financing tools like project bonds.
This document presents information in support of a $70 million school district referendum in Beloit, WI that will be voted on April 3, 2012. It discusses the history and challenges of aging school facilities, outlines the renovation and construction plans, and details the estimated costs and tax impacts. It also highlights the educational advantages and cost savings, as well as the potential for economic development and community benefits. The referendum aims to update six elementary schools for PK-3, build two new intermediate schools for grades 4-8, and make improvements to the high school, funded through a combination of local taxes and $45 million in state reimbursement.
The Port Authority of Greater Cincinnati was established in 2000 and reformed in 2008 to expand its public financing abilities and revitalize communities. It works with the Hamilton County Land Reutilization Corporation (Land Bank) to return vacant properties to productive use. They focus on key areas and work with partners to redevelop challenging "broken" sites through tools like grants, infrastructure funding, and assembling development teams. Their goal is to stabilize neighborhoods through housing rehabilitation, demolition of blighted buildings, and partnering with community organizations on targeted strategies.
The document discusses infrastructure and its role in economic growth and development. It defines infrastructure and provides examples of what it includes at both a general and local site level. It also discusses the costs associated with infrastructure projects and provides examples of what £10 million could fund. The document advocates for local authorities to take a leading role in developing site-specific infrastructure to enable control and quicker resolution of issues. It poses questions for discussion around planning, infrastructure challenges, and funding/cash flow opportunities and challenges.
The document discusses adopting a corporate landlord approach to managing local authority property assets. It notes that under this approach, ownership and management of assets is transferred from individual service departments to a centralized corporate landlord body. This aims to improve strategic management of assets, reduce property requirements and costs, increase efficiencies, and better support policy objectives like regeneration. The corporate landlord model is becoming more popular as it can help rationalize property portfolios and ensure assets are used to deliver broader corporate goals.
2017 Alternative Funding and PartnershipsJodi Rudick
This document provides guidance for the Sample Parks and Recreation Department's partnership policy and process. It defines the purpose of pursuing partnerships to utilize additional resources for community benefit. The policy outlines possible partnership types and benefits. It establishes a multi-step partnering process and evaluation criteria focused on the partnership's alignment with the department's mission and goals. An outline format is also provided to guide partnership proposals.
"Capitalising on Public Sector Assets" was a seminar held by Overbury in conjunction with Gorvernetz on November 2011 at MediaCity, Salford.
Overbury are the UK's leading fit out and refurbishment specialists. Visit www.overbury.com for more information.
1) The document discusses strategies for building sustainable communities, including comprehensive approaches that address housing, schools, and other community needs.
2) It describes LISC's model of bringing together funding partners, advising on community development, and investing financial and technical resources locally to maximize impact.
3) Key elements of LISC's approach include developing neighborhood plans, collaborating across sectors, targeting investments concentrated areas, and engaging public and private partners.
The document discusses how government policies in the UK are shifting funding and decision making away from national programs towards greater local control, flexibility, and innovation. Key points include less rigid spending programs and targets imposed from above, and more emphasis on local tax freedoms, social enterprise, market incentives, and competitive funding. New models and sources of funding are emerging, such as tax increment financing, community infrastructure levies, and a growing places fund, that aim to better leverage development and unlock growth. Engaging communities will also be important to take advantage of the opportunities in the new policy environment.
This document discusses economic development opportunities and challenges in Groton, Connecticut. It outlines learning objectives around land use policy, regulatory audits, and obtaining funding for planning. It then provides an overview of Groton's demographics, major employers, and attractions. Issues facing Groton include loss of tax revenue and an unfriendly business environment. The document recommends conducting a regulatory audit and market analysis to identify opportunities for targeted industry, redevelopment areas, and regulatory reforms. Next steps include implementing the market analysis, beginning regulatory revisions, and building community support.
The role of NGOs in tourism concessions Steve CollinsAnna Spenceley
A presentation on the role of NGOs in tourism concessions, with examples from Mozambique and South Africa, with the African Safari Lodges Foundation, from Steve Collins
Lending Manager Judi Mortenson discusses how cities can partner with the Lending Center to make resources available to residents, resulting in cost-effective energy efficiency. Examples of existing partnerships highlight the degree to which programs vary from city to city.
Overview of U.S. Treasury Final Rule For ARPA Fiscal Recovery Fundnado-web
Eryn Hurley (National Association of Counties) discusses the four major categories of eligible users for American Rescue Plan funds at the NADO-DDAA Washington Conference.
Day 1 the role of ng os in facilitating tourism concessions_african safari fo...Boundless Southern Africa
African Safari Foundation provides a range of services to communities living in and alongside Protected Areas and Transfrontier Conservation Areas. They also focus on supporting communities entering into joing-venture concession agreements.
This document summarizes a workshop on REDD projects in Papua, Indonesia held by New Forests Advisory Inc. It discusses New Forests' Papua REDD project, including establishing baselines and carbon accounting methodologies, governance structures, consultation processes with local communities, linking to national REDD strategies, and distributing project benefits. Key challenges included establishing evidence-based baselines in low-deforestation areas and addressing legal and technical uncertainties around REDD projects.
The document summarizes how the Inter-American Development Bank (IDB) works with private sector entities in Latin America and the Caribbean to promote sustainable development through private sector investments and financing. Specifically:
- IDB provides loans, guarantees, and technical assistance to large and medium-sized businesses across various sectors like infrastructure, energy, agriculture, and education.
- Case studies highlight projects in renewable energy, transportation, and forestry that generate jobs and economic growth while following environmental and social standards.
- IDB also works to strengthen financial systems and mobilize private capital through credit lines, syndicated loans, and capital market instruments.
Terry McGivern MEGS-KT lecture 14th November 2012Andrea Wheeler
This document provides an overview of the FLASH programme and the Institute for Sustainability. It discusses several of the Institute's key programmes, including Resource Efficient Buildings (which includes FLASH, FLASH+, ICAD, RE: Start Local and Climate Market Accelerator), Sustainable Infrastructure, and Sustainable Transport. These programmes aim to accelerate sustainable communities and cities through applied research, demonstration projects, knowledge sharing, and engaging multiple partners like businesses, governments and academics. The document also summarizes some of the Institute's approaches like building performance evaluation, retrofit guides, and helping businesses understand opportunities in low carbon building retrofit.
This document summarizes an upcoming conference on Aboriginal energy to be held on December 9-10, 2015 at the Eaton Chelsea Hotel in Toronto, Ontario. The conference will focus on integrating traditional knowledge into sustainability projects, the role of Aboriginal development corporations in energy development, and strategies for financing major energy projects in First Nations communities. Speakers will address renewable energy opportunities, consulting with Indigenous communities, training programs, and forming partnerships for energy projects. The event aims to provide knowledge on economic development through a community, policy, and technology lens.
This document outlines the concept of social finance and the potential for a national collaboration in Canada called CAUSEWAY. Social finance aims to generate both financial returns and social/environmental benefits. It exists on a continuum between traditional investments and grants. CAUSEWAY would work to develop new financial pathways in Canada for investing in public benefit through activities like convening stakeholders, supporting product and policy development, and building knowledge in the field.
The Future Financing of Real Estate Development in Cities Comparing US and Eu...Graham Squires
This document compares approaches to financing real estate development in US and European cities. It analyzes case studies of developments in the San Francisco Bay Area and London, Berlin, and Leiden. Both regions rely on public-private partnerships and blended financing from various sources. The US utilizes federal programs, tax incentives, value capture bonds, and developer fees, while Europe focuses more on equity financing from institutional and foreign investors due to debt constraints. Both regions could benefit from collaborative policies and innovative financing tools like project bonds.
This document presents information in support of a $70 million school district referendum in Beloit, WI that will be voted on April 3, 2012. It discusses the history and challenges of aging school facilities, outlines the renovation and construction plans, and details the estimated costs and tax impacts. It also highlights the educational advantages and cost savings, as well as the potential for economic development and community benefits. The referendum aims to update six elementary schools for PK-3, build two new intermediate schools for grades 4-8, and make improvements to the high school, funded through a combination of local taxes and $45 million in state reimbursement.
The Port Authority of Greater Cincinnati was established in 2000 and reformed in 2008 to expand its public financing abilities and revitalize communities. It works with the Hamilton County Land Reutilization Corporation (Land Bank) to return vacant properties to productive use. They focus on key areas and work with partners to redevelop challenging "broken" sites through tools like grants, infrastructure funding, and assembling development teams. Their goal is to stabilize neighborhoods through housing rehabilitation, demolition of blighted buildings, and partnering with community organizations on targeted strategies.
This is what Chicago Aldermen were given for their briefings on the so-called infrastructure Trust. Here's what I think: http://tinyurl.com/Dont-Trust-Trust
This document discusses funding options for community-led housing projects at different stages from group formation to residents moving in. It provides examples of how groups have accessed funding and support. In the first stage of group formation, options include the CLT Start-Up Fund and Big Lottery Awards for All grants. For acquiring land and securing planning permission, pre-development loans are available from groups like CAF Venturesome. Building projects can use funding from ethical lenders and community share issues. The £300 million Community Housing Fund also provides capital for affordable housing. Support is available to CLT groups through the National CLT Network, including legal and governance advice.
Florida Community Loan Fund creates positive Social Impact in Florida by providing Financing for Community and Economic Development in Florida, This presentation gives an overview of our programs and some of the projects we have worked with.
Public-Private Partnerships - Business & Legal IssuesLou Milrad
This document discusses public-private partnerships (P3s) and provides an overview of their key aspects. It defines P3s as cooperative ventures between public and private sectors that allocate resources, risks, and rewards to best meet public needs. The document outlines various P3 models and their characteristics. It also addresses the advantages and challenges of P3s, how to allocate risks, examples of P3 experience in Canada and other countries, and generally positive public opinion of P3s.
The document summarizes two projects developed by Corporation for Independent Living (CIL) using tax increment financing (TIF):
1) First Town Square in Windsor, CT involved renovating a historic but vacant building. TIF helped cover the project's $884,000 funding gap. The project preserved the building, leveraged private investment, and expanded the town's tax base.
2) The Lofts at Sherwood Falls in Berlin, CT converted an abandoned mill into housing. Berlin provided $1.1 million in bonds to cover environmental cleanup costs, justified by the project increasing Berlin's tax revenue. The completed project includes 85 condo units that have increased Berlin's tax assessments. Both projects showed how municipalities and
What is an infrastructure bank and its role with infrastructure spending ca...paul young cpa, cga
Canada's Federal Government is looking at ways to better leverage taxpayers dollars through pension funds and/or large mutual funds companies as part of building roads, bridges, transit and electrical grids in Canada.
Investors will want investment protection built into their model including returns
Government would have to back projects with government debt as well as support through grants and subsidies
Taxpayers would be paying tolls or higher transit fees
Middle class is already tax to death as such an new tolls or fees will mean less money for other goods and services
Community redevelopment areas (CRAs) are designated by local governments in Florida to carry out redevelopment projects and promote economic development. CRAs are authorized under state law and funded through tax increment financing. The document discusses the process for creating a CRA, potential redevelopment projects and funding sources, and provides case studies of CRAs in Wauchula and New Smyrna Beach that have funded projects like parking lots, streetscapes, and wayfinding signs. The presentation emphasizes having a clear community vision and redevelopment plan to guide CRA investments.
The document summarizes the UK Caribbean Infrastructure Partnership Fund (UKCIF), a £300 million fund established by the UK to invest in infrastructure projects in the Caribbean. It provides an overview of the Caribbean Development Bank, which will administer the funds. Key points include: the allocation of funds between technical assistance and capital projects; the eligibility criteria for projects seeking funding; the process for countries to submit project proposals; and how procurement of projects and consultants will be carried out in accordance with the bank's guidelines. Potential infrastructure projects across several Caribbean countries are also listed totaling £394.6 million.
This presentation was delivered by Andrew Dupigny, Head, Infrastructure Partnerships, CDB, at the Caribbean Infrastructure Finance Forum in The Bahamas on December 6, 2016. For more information about the United Kingdom Caribbean Infrastructure Partnership Fund, visit www.caribank.org.
OEDA Infrastructure Puzzle Power Point 3-3-15David Robinson
This document discusses infrastructure financing strategies for economic development projects. It introduces the concept of an "Infrastructure Puzzle" where multiple funding sources must be pieced together to finance infrastructure projects. These sources include local funding mechanisms like tax increment financing (TIF) and special assessment districts, as well as state, federal, and private sector funding. The document provides details on TIFs, including how they work, eligible project costs, and strategies for converting future TIF revenues into upfront funding for projects. It also discusses other local funding tools and developer-funded infrastructure options.
Many of governments is looking at ways to make key investment into infrastructure. Canada is proposing the infrastructure bank as part of leveraging private sector capital with government moneys. This presentation looks at the issues facing private sector investment into infrastructure like roads, bridges, airports and transit systems.
An Introduction to Tale’awtxw Aboriginal Capital Corporation www.tacc.ca
An Aboriginal Affairs and Northern Development Canada (AANDC) program that is delivered in partnership with TACC. Non-repayable contributions issued on a project-by-project basis. Intended to improve ability of clients to obtain commercial financing at reasonable terms. From a lender’s point of view, makes a good loan better, as more security available to support loan.
Sustainable development model for American CitiesRushabh shah
American cities' infrastructure has degraded since the 1980s due to lack of proper maintenance and repairs. This has resulted in increased commute times costing $6.9 billion in delays annually and $3,400 extra per family each year. To develop sustainable infrastructure, cities need creative funding approaches like public-private partnerships rather than just tax increases. They also need to prioritize projects most in need of investment and maintenance to leverage limited funding wisely.
This document outlines a brownfield redevelopment program between Pulaski County and the cities of Little Rock and North Little Rock. It describes the program's funding sources totaling over $3.5 million and its goals of creating jobs and leveraging over $36 million in projects. Examples of successful redeveloped brownfield sites are provided, such as a riverfront property that leveraged $3.2 million and a mixed-use development that created 44 jobs. The county judge believes brownfield redevelopment is important for governing in an urban setting and allowing residents to experience green spaces in the city.
Similar to The Case for Municipal Public Private Partnerships (20)
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
2. About Forum
• Richard A. Abboud, President & Founder
• Privately held
• $500 million built/bought and sold since 2002
• 4 P3’s closed - $300 million
• 2 P3’s in negotiation - $350 million total
• Real estate portfolio of net leased single tenant primarily office
buildings.
3. Forum’s P3 Track Record
• 6 P3s launched and selected to date
• Total commitments $300 million
• Ontario Power Generation, Design/Build/Lease/Operate - $12 M
• City of Ottawa, Design/Build/Finance/Operate/Transfer - $22M
• City of Hamilton, Co-Investment Program - $40M Target
• City of Ottawa, Design/Build/Operate/Finance/Transfer, Sale
leaseback, Mixed Use Development - $225M
• Highway Service Centres - $300 million
• Centre for Addiction and Mental Health - $50 million
4.
5.
6.
7. Key Forum Team
Participants/Suppliers
Kilmer Van Nostrand Capital Partner
Johnson Controls/BLJC Operations
Aecon Buildings Design Builder
Lemay + Doyle Architects Architect
YMCA/YWCA of Ottawa-Carleton Land swap/Options/
Services Partnership
Communishare 10 Local not for profits
8. Public Sector Benefits
• Execution accountability transfer
• Risk transfer
• Schedule certainty
• Cost certainty
• Private sector innovation
• Capital/Operating/Lifecycle Cost optimization
• Total investment of $225MM
• Economic spin-off of $75.2 MM
• Annual realty taxes $3.2MM
• Development and Permit fees of $12.1MM
9. Risk Transfer
• Driving Principle – acceptance of controllable risk
• Completion risk (force majeure carve out)
• Construction cost risk
• Design risk
• Unforeseen soils risk (except hazmat and antiquities)
• Some operating risk
• Mixed Use Development Schedule Risk
11. YMCA of Hamilton / Burlington / Brantford
3 Examples of Municipal / YMCA Partnerships
• Township of Flamborough
• City of Hamilton
• City of Brantford
Other YMCA / Municipal Partnerships
Factors Contributing to Successful Partnerships
12. Township of Flamborough
• In 1997, the community desired an indoor pool
• Town of Waterdown had a population under 9,000, and
Township population was 30,000
• Concerns about facility design and operations expertise,
capital construction costs and ongoing operating costs
• Mayor had a vision beyond an “indoor pool”
• Centre of the Community that would focus on children
and families, go beyond basic recreation and include
13. Vision – Centre of the Community
Programs and services would include
• Variety of aquatic and wellness programs
• Day camps
• Youth drop in programs
• Youth leadership development
• Licensed child care
• Adult fitness
14. Project Partners
YMCA and Township were key partners
Additional benefits of project
• Proximity to elementary and secondary schools
• Proximity to green space
• Future urban development in area
• Centre of the community for Flamborough residents
15. Project Overview
Components of a new community YMCA
• 45,000 sq ft on 4.7 acres of land
• Adjacent to elementary and secondary schools
• 8,000 sq ft aquatic centre with 2 pools & whirlpool
• 3 “half gyms” in L shape (6,000 sq ft)
• 8,000 sq ft of Health and Wellness space
• 5 change rooms including Special Needs / Family
• Licensed Child Care Centre
16. Some Benefits to the Township
YMCA expertise in design, build and operate
• Staff and volunteer (Board & Committee) expertise
National programs in aquatics, fitness, wellness, leadership
Major community capital fund raising campaign (local &
regional) resulting in lower cost to Township
State of the art facility open 365 days each year
Facility that is open to all, regardless of ability to pay a fee
Ongoing annual campaign to provide financial assistance
No ongoing operational costs and no ongoing capital costs
18. Project Costing
Facility opened 2001
Project costs, all in, was $12M
• Township provided $4M and land
• Community Campaign (local and regional) $4M
• YMCA contribution $4M
19. Hamilton Mountain YMCA
City of Hamilton’s population exceeds 500,000
Hamilton Mountain (south part of city) is major growth area
Urgent need for a recreation centre
Plans for a new Police Station and Library
In 2002, the newly amalgamated City experienced the
benefits of Municipal / YMCA partnerships
Suggestion to build the three facilities together and
experience possible synergies
20. Project Overview - Final Partners
Over a 2 year period, the final project includes
• Mountain Police Station
• 25,000 sq ft Library
• 53,000 sq ft YMCA
• Hamilton Health Sciences
• Skateboard Park
• City of Hamilton - 12 Ball Diamonds
21. Library / Police / Hospital / City
Partnership
Benefits of community policing – community interaction
Residents benefit from “one stop” community centre
YMCA / Library / Skate park benefit from shared clientele
Wider range of programs and services to all participants
Hospital expertise and leadership in preventative medicine
• Bone & joint, cardiac, cancer wellness, youth obesity
Efficient capital construction and operations
22. City of Brantford Project – Planning
Stages
Project Partners
• City of Brantford
• YMCA
• Laurier University
• Nipissing University
• Mohawk College
• First Nations
• Private Developers
23. Project Vision
To assist with downtown revitalization, construct a new
YMCA / Post Secondary recreation complex
• YMCA facilities
• University varsity athletic facilities
• Shared instructional facilities – YMCA & Post
Secondary Institutions
• University residences, support facilities
• Private developer partnerships for commercial
investments
24. Why Consider Partnerships?
Currently over 40 YMCA / Municipal collaborations in
Canada benefiting our communities, regardless of City
size including
• Vancouver, Edmonton, Calgary, Montreal, Toronto,
Hamilton, Niagara Falls, Innisfil Township, Wasaga
Beach, Cobourg, Quinte West, Goderich
Every collaboration has been a success
25. Monetary Benefits of Partnerships
Philanthropic Revenues
• Communities support effective & efficient partnerships
Access to Provincial Funding
• $2M from Province of Ontario for Hamilton Mountain
• Provincial Recreation Infrastructure funding
Access to Federal Government Funding
• Recreation Infrastructure funding
26. Critical Success Factors
Project Champions
• Mayor Ted McMeekin in Flamborough
• Community Leaders – Mel Hawkrigg (McMaster)
• YMCA – John Mayberry (Dofasco)
Shared Vision and Values among all partners
• Time to develop a common vision
Big Picture Thinking
• Keep your eye on the Vision
Trust
27. YMCA Learnings
50 years ago, all new YMCAs were built once money from
community campaign was in the bank
30 years ago, new YMCAs built with community campaigns,
operational funding and financing
Past 10 years, new YMCAs built in partnership with Cities,
community groups, schools, libraries and other
organizations
Next 10 years, in building new facilities, the YMCA will need
to consider working with all of the above partners and
the private sector
28. Thank You
Jim Commerford
President & CEO
YMCA of Hamilton / Burlington /
Brantford
(905) 317-4919
Jim_Commerford@ymca.ca
29. Public Financing Support for Municipal AFP
Projects
The Infrastructure Ontario Loan Program
Steve Rohacek, Vice President – Business Development & Customer Relations
30. Agenda
• Infrastructure Ontario
• Overview of the loan program
• How public and private financing can co-
existing in a municipal AFP/P3 project
• Financing considerations
• Summary
2
www.infrastructureontarIo.ca
31. Infrastructure Ontario
• A Crown corporation dedicated to building and renewing public
infrastructure in Ontario
• Among the world leaders in public infrastructure development
• Has two main business streams
1. Alternative Financing and Procurement (AFP)
– Large, provincially-assigned infrastructure projects
– Over $10.0 billion in capital brought to the market since 2006
2. Loan Program
– Financed the development of over $4 billion in local projects
– Advanced over $2.0 billion in loans
– Over 220 public sector clients
– Successful since 2003
3
www.infrastructureontarIo.ca
32. Loan Program
A public sector lending vehicle
that provides efficient access to
capital market financing
4
www.infrastructureontarIo.ca
33. Providing Access to Capital Markets
Borrowing Pool
Capital
for Eligible Loan
Markets
Clients
Infrastructure $3M
Long-Term
g
Renewal
enewal
Money
Bonds
$1M
$30
Infrastructure million
Ontario $.5M
$5M
5
www.infrastructureontarIo.ca
34. Loan Terms and Interest Rates
• Terms up to 40 years or useful life of the
asset
• Interest rate based on market sector
• Within a sector and a give term (i.e. 10 yrs)
the interest rate is the same regardless of
loan amount
6
www.infrastructureontarIo.ca
35. Infrastructure Ontario Credit Ratings
• North America’s three leading credit rating agencies
have consistently confirmed IO’s stellar credit ratings:
– DBRS AA
– Moody’s Aa2
– S&P AA+
• Benefits of high credit rating: financial discipline and
internal efficiencies are passed directly on to clients
through affordable rates
7
www.infrastructureontarIo.ca
36. Eligible Borrowers
Borrowers include:
• Municipalities and local services boards
• Universities and affiliated colleges
• Non-profit long-term care homes
• Hospices
• Municipal Corporations
– Electricity distribution, power generation, transit
• Non-profit professional arts training facilities
• Housing providers
– Social, affordable, co-operative, supportive
8
www.infrastructureontarIo.ca
37. Municipal vs. Municipal Corporation
Municipal Municipal Corp.
• Debt vs. own purpose • 100% municipally owned –
revenues can have more than one
• Debt per household owner
• Reserves • Business case approach
• Economic, demographic and • Management & Governance
population trends • Source of revenues
• Debt to equity ratios
• Debt service coverage ratios
• Retained earnings
9
www.infrastructureontarIo.ca
38. Financing of AFP (DBFM) Projects
Three components:
• Construction financing – Project Company
• Long term private financing – Project
Company
• Take-out (long term) public financing -
Municipality
10
www.infrastructureontarIo.ca
39. RFQ Released
11
6 months
RFP Released
6 months
www.infrastructureontarIo.ca
Evaluation of Proposals
11 to 12 months
4 months
Selection of Preferred Proponent
Commercial Close
Financial Close and
1 to 2 months
Construction Start
Substantial Completion /
Operational Phase
Expiry of Concession Period
DBFM Model – Transaction Phase Timeline
40. Financing Considerations
• Capital market conditions
– Capital market liquidity (availability of funds)
– Slope of the yield curve
• Public and private long term interest rates
– Cost of funds via the capital markets
– Cost differential (spread) between public and private
financing
• Debt structure
– Debt vs. equity (funds from grants, reserves etc.)
– % of public vs. private financing
– Blend rate and terms
12
www.infrastructureontarIo.ca
41. Summary
• Municipalities and municipal corporations –
(100% municipally owned) are eligible for the
loan program.
• Traditional or AFP/P3 projects.
• Public financing can co-exist in a municipal
AFP project
13
www.infrastructureontarIo.ca
42. Ministry of Municipal Affairs and Housing
Ministère des Affaires municipales et du Logement
Tools for Municipalities Addressing
Infrastructure Needs
Dana Richardson
AMO Conference 2009
43. Municipalities and Infrastructure
Infrastructure is important to economic competitiveness and
quality of life in every municipality and the province as a whole.
Provincial and municipal governments invested heavily in
infrastructure, especially in the 1950s and 1960s
ƒ This infrastructure is, in many cases, reaching the end of its
expected life.
Municipalities are on the frontlines of infrastructure provision and
management
ƒ Broad powers under spheres of jurisdiction in the Municipal
Act, 2001;
ƒ In 2006, municipal capital expenditures totalled $7.3 billion;
ƒ Municipal infrastructure makes up almost half of all public
infrastructure in Ontario (see chart).
August 18, 2009 Municipalities and Infrastructure 2
44.
45. PMFSDR Infrastructure Table
Provided research and analytical support to the Coordinating Table
of the Provincial-Municipal Fiscal and Service Delivery Review
(PMFSDR)
Looked at the funding of municipal infrastructure, including
discussing respective roles and responsibilities.
Considered linkages between municipal infrastructure and shared
federal, provincial and municipal priorities, including:
ƒ safe drinking water and the protection of water resources;
ƒ effective transportation and transit systems for competitiveness
and reduction in greenhouse gases;
ƒ sustainable waste management systems; and
ƒ cultural and recreational facilities that support healthy, vibrant,
active communities.
August 18, 2009 Municipalities and Infrastructure 4
46. Infrastructure Gap
The PMFSDR Infrastructure Table studied the infrastructure deficit
in Ontario in roads and bridges, water and wastewater, stormwater,
transit, conservation authorities, and solid waste management.
It identified an additional $6 billion/year that needs to be spent for
the next 10 years to close the infrastructure gap, in addition to
existing spending.
Modelling Ontario’s municipal infrastructure gap was driven by the
need for better data
ƒ Discussions about infrastructure are often clouded by lack of
information about what stock of infrastructure exists and the
related financial needs;
ƒ Going forward, the implementation of PSAB capital accounting
standards is an opportunity for municipalities and the province
to begin collecting better data.
August 18, 2009 Municipalities and Infrastructure 5
47. Infrastructure gap estimates for Ontario municipalities
($ millions)
Investment needs
Lifecycle Eliminate Growth Total Average Gap
deficit need spending, (need less
past 5 yrs spending)
Roads and bridges $2,671.1 $935.8 $651.6 $4,258.5 $1,460.2 $2,798.3
Water and wastewater $844.3 $1,277.7 $661.3 $2,783.3 $1,520.5 $1,262.8
Stormwater $525.3 $27.8 $234.7 $787.8 $106.7 $681.1
Transit $899.8 $0.0 $730.1 $1,629.9 $563.7 $1,066.2
Cons. Authorities $4.4 $3.2 $0.0 $7.6 NA $7.6
Solid waste mgt. $316.5 NA $77.4 $393.9 $291.1 $102.8
Totals $5,261.4 $2,244.5 $2,355.1 $9,861.0 $3,942.2 $5,918.8
Source: Ministry of Energy and Infrastructure. Excerpted from PMFSDR Infrastructure Table Report:
www.amo.on.ca/Content/NavigationMenu/PolicyIssues/ProvincialmunicipalFiscalServiceDeliveryRe
view/default.htm
Note: Estimate was calculated using average annual estimates from 2006 to 2045, in 2006 dollars.
Does not include an analysis of other municipal infrastructure such as libraries, arenas, parks and
recreational facilities, and other public buildings.
48. Tools to Help Address the Gap
Addressing this investment gap represents a significant burden on
municipalities
ƒ Modeling results show the financial impact of addressing the
infrastructure deficit on the average Ontario family is roughly $1,200
per year over the first 10 years and $700 per year over the next 30
years.
There is no single solution. Both the province and municipalities have a
role to play, and a combination of measures will be required.
Possibilities include:
ƒ Best practices in municipal asset management;
ƒ Increased investment from all levels of government;
ƒ Use of “user pay”, particularly in sectors such as solid waste
management and transportation;
ƒ Where appropriate, alternative financing and procurement (AFP) or
alternative service delivery models (eg. municipal service
corporations).
August 18, 2009 Municipalities and Infrastructure 7
49. Municipal Service Corporations
Municipal Act, 2001
ƒ Section 203 of the Act provides municipalities with the authority to
create corporations for most services that the municipality is able to
provide.
Ontario Regulation 599/06: Municipal Service Corporations
ƒ The regulation outlines the general powers of municipalities in
relation to corporations, in addition to the duties and rules for the
municipality, and the rules by which corporations must follow.
Corporations Authority
ƒ Councils continue to determine how best to provide services and
facilities for their citizens;
ƒ Municipalities have broad authority to establish services corporations
and can determine the method of financing and operating, including
alternative financing.
August 18, 2009 Municipalities and Infrastructure 8
50. Summary
Infrastructure remains a core business for Ontario municipalities
Ontario must see a continuing partnership on infrastructure issues between the
Province and municipalities.
All orders of government need to be involved in finding a solution to the
infrastructure gap
ƒ Deteriorating infrastructure reduces quality of life in Ontario and threatens
economic competitiveness.
The Province has been making considerable investments in infrastructure
ƒ 2009 Provincial Budget committed $32.5 billion over the next two years for
new infrastructure that will support more than 300,000 jobs;
ƒ Infrastructure Ontario’s role in providing project management, loans program
and implementation strategies for AFP programs.
Municipalities need to make full use of the tools already available to them,
including municipal service corporations and potentially alternative
financing/delivery models.
August 18, 2009 Municipalities and Infrastructure 9