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USDOT Releases $900M in BUILD Grants

November 20, 2019 - in Financial, News

The U.S. Department of Transportation officially announced it has awarded $900 million through its Better Utilizing Investments to Leverage Development or BUILD discretionary grants program to fund 55 transportation projects in 35 states on November 12. [Above…

California Offers New Funding for Housing, Transit, Active Transportation

November 20, 2019 - in Financial, News

Some $610 million in funding is being made available to help California communities build more housing as well as increase transit and active transportation…

U.S. Department of Transportation Announces Funding Opportunity for Roadway Safety Tools

November 18, 2019 - in Financial, News

WASHINGTON – The U.S. Department of Transportation today published a Notice of Funding Opportunity (NOFO) to build the capacity of state, local, and…

California Announces Nearly $900 Million in Funding for Affordable Housing and Sustainable Community Development

November 14, 2019 - in Financial, News

$610 million in funding from California cap-and-trade dollars target projects that reduce greenhouse gas emissions, ­bolster housing equity $279 million released from the Infill Infrastructure Grant program SACRAMENTO – Governor Gavin Newsom today…

USDOT Announces $900 Million Historic Investment in American Infrastructure

November 14, 2019 - in Financial, News

WASHINGTON – U.S. Secretary Elaine L. Chao today announced that the Trump Administration will invest $900 million in American infrastructure through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program.…

USDOT Announces $25 Million Infrastructure Investment in Aurora

November 13, 2019 - in Financial, News

AURORA – U.S. Secretary of Transportation Elaine L. Chao today announced that the Trump Administration will invest $900 million in American infrastructure through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary…

Rescission Funding Cuts May Go Deeper Than Expected

November 13, 2019 - in Financial, News

The initial state-by-state calculation of the impending $7.6 billion rescission of Federal-aid highway contract authority mandated by the Fixing America’s Surface Transportation or FAST Act indicates states may experience deeper funding cuts than what was…

Meridiam Named Manager For International Municipal Investment Fund (IMIF)

November 13, 2019 - in Financial, News

Durban, South Africa--Meridiam, the infrastructure investment and global asset manager, with USD 7 billion in assets under management, was formally selected as the fund manager of the International Municipal Investment Fund (IMIF)—a unique, bespoke fund…

IDOT receives federal funds to improve alternative fuel vehicle infrastructure on I-80 .

November 4, 2019 - in Financial, News

The Illinois Department of Transportation today announced that Illinois is receiving federal funds to boost infrastructure for alternative fuel vehicles on Interstate 80. The grant, which will target electric vehicles and vehiclesthat run on natural gas, is…

Peapod Co-Founders and Bay Area Investors Headline Coaster Cycles’ Financing

November 1, 2019 - in Financial, News

BOSTON, MA- Today, Coaster Cycles announced personal investments from the co-founders of Peapod, Andrew Parkinson and Thomas Parkinson, as well as Bay Area investors John Lyman and Katherine Kennedy and Grant Allen (SE Ventures) in recent financing.…