Underfunded infrastructure creates real costs for Americans. According to a report by the American Society of Civil Engineers, failing infrastructure costs America’s families $3,400 annually in lost disposable income. Low-income communities are affected most.
In “Resilience, Equity, and Innovation,” cities can find the tools and processes explored by the Infrastructure Finance cohort in an effort to increase both equity and resilience. Pittsburgh, Saint Paul, San Francisco and Washington D.C., broke down the siloes of funding and planning and created teams with representatives from across four city departments – economic development, planning and public works, economic development, and the mayor’s office – to come up with solutions that others across the country can learn from and adopt.