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Preface

This Innovative Finance Brochure describes techniques for funding transportation facilities. Through this brochure and a companion Innovative Finance Primer, the Federal Highway Administration seeks to highlight innovative project finance and encourage new approaches for narrowing the gap between capital needs and financial resources.

This figure shows the mid-corridor trench portion of the Alameda Corridor project under construction. An excavator is shown in the background of the photograph, with installed rebar in the foreground.

Alameda Corridor
An innovative $400 million Federal loan for the Alameda
Corridor Project filled a key financing gap for this $2.4 billion
multimodal project, and provided a model for Federal assistance that
led to enactment of the TIFIA Federal credit program.
Photo Credit: Alameda Corridor Transportation Authority

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