Recent Streetsblog USA posts about TIFIA

The Great Traffic Projection Swindle

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This is the final piece in a three-part series about privately-financed roads. In the first two parts of this series, we looked at the Indiana Toll Road as an example of the growth in privately financed highways, and how financial firms can turn these assets into profits, even if the road itself is a big money loser. […]

How Macquarie Makes Money By Losing Money on Toll Roads

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This is the second post in a three-part series about privately financed highways. Part one introduced the Indiana Toll Road privatization as an example of shoddily structured infrastructure deals. Part three looks at how faulty traffic projections lead bad projects to get built, and how the public ends up paying for those mistakes. Macquarie Group, the gigantic Australian […]

The Indiana Toll Road and the Dark Side of Privately Financed Highways

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This is the first post in a three-part series on the Indiana Toll Road and the use of private finance to build and maintain highways. Part two takes a closer look at how Australian firm Macquarie manages its infrastructure assets. Part three examines the incentives for consultants to exaggerate traffic projections, making terrible boondoggles look like financial […]

New Federal Bill Would Help Orient Communities Toward Transit

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The federal government has a long history of supporting transit, but it’s never played much of a role in promoting the kind of development that helps make those investments successful. That’s why David Goldberg at Transportation for America is so excited about a new bill that would help encourage transit-oriented development: Senators Brian Schatz (D-HI), Ed Markey (D-MA), Kirsten […]