P3s Can Be Bad for Racial Equity -- But They Don't Have to Be
Governments can structure arrangements with private contractors that consider impacts on low-income individuals and people of color.
Jen Mayer leads the City Accelerator's cohort on planning and funding urban infrastructure. Mayer has more than 25 years of experience advising federal, state, and local transportation and environmental agencies on infrastructure finance and policy. As a consultant for Ernst and Young Infrastructure Advisors and Apogee Research, Inc, and as a technical advisor for the Federal Highway Administration, she helped state and local agencies create financial plans and issue bonds for infrastructure projects, create revolving loan funds, and consider and implement public-private partnerships (PPPs) and other financing innovations.
Governments can structure arrangements with private contractors that consider impacts on low-income individuals and people of color.
Washington, D.C.'s innovative Office of Public-Private Partnerships offers a good case study in to assess whether a P3 makes sense for a particular city project.
With more than a dozen different ways to structure a public-private partnership, figuring out the most appropriate one for a given project can be hard. Here's a list of what's out there.
Public-private partnerships aren't free money. But they can be used to improve performance.
Expanded credit programs could help cities innovate new financing solutions for much-needed projects.
The private sector doesn't have to pay a price to be green.
The capital project development process needs early consideration of revenue and finance.