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The Future of Transportation Funding and Financing

In July 2015, Congress passed a three-month funding extension to keep transit and highway funding flowing to states. This 3-month patch — the 34th short-term transportation extension since 2009 — continues the trend of uncertain federal funding for transportation infrastructure, leaving cities to seek creative revenue streams and funding partnerships to invest in local and regional transportation systems. As the 3-month extension expires on the day of this breakout session, how will a long-term transportation bill impact cities? In the absence of federal funding, how are cities using value capture in transit corridors, public-private partnerships, impact fees, and developer agreements to invest in walking, bicycling, and transit? This session showcases funding models that could work in your community.