APTA Center for Funding Finance and Revenue Darnell Grisby APTA, Director of Policy Development and Research Washington, DC.

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Presentation transcript:

APTA Center for Funding Finance and Revenue Darnell Grisby APTA, Director of Policy Development and Research Washington, DC

Why A Center for Funding, Finance and Revenue? APTA member survey Knowledge sharing Clearinghouse: best practices, evidence-based advocacy Analytics for strategy development Other industries: equity stake in public transit

Accessible, Digestible Information Website Focused Research Webinars

Goal: Funding and Finance as an Industry Strategic Initiative Funding/Finance Modal Balance Farebox Recovery Stakeholder Participation Economic Development

Transportation Projects Impact Case Studies (T-PICS)

T-PICS for Transit (T-PICS-T) TCRP funded project FY 2014 deliverables, Complete FY 2015 Provide a local tool for transit agencies, MPOs, and transit advocates Ability to measure project value creation: value capture, joint development

Impact on High-Growth, Export-Oriented Industrial Clusters Nations compete via regional industrial clusters The failure to adequately invest has consequences No guarantee that most productive sectors of industries will stay in the US Goal: new partnerships in favor of funding and eventual equity involvement

Next Steps Website Launch (July 2013 ) Will seek project finance experiences (August 2013) Initial Focus on Value Capture

Questions? Darnell Chadwick Grisby, MPP Director, Policy Development And Research, APTA