3 crucial questions about Trump’s $1T infrastructure proposal
Partner William Eliopoulos was quoted in Construction Dive on November 15 reacting to President Elect Trump’s proposed plan to increase infrastructure spending.
Shortly before the presidential election, Trump’s team of advisors released a 10-year, $1 trillion infrastructure plan that envisions the private sector pumping billions of dollars of equity into much-needed, user- or fee-based projects like toll roads, utilities or airports in exchange for being able to collect the revenue long-term, all with an 82% tax credit on their investments.
Eliopoulos said P3 projects — as well as revenue-generating ones — could benefit from private activity bonds, which allow the private sector to borrow money for certain infrastructure projects at the same rate as public entities and provide significant tax benefits as well. A successful infrastructure program, he said, will offer up a variety of financing options, not just the one proposal introduced in Trump’s $1 trillion plan.
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