Innovative Infrastructure Finance Solutions

Infrastructure Financing
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Part I

Part I in the Infrastructure Series, “Building for Tomorrow: Innovative Infrastructure Solutions,” highlights a variety of municipal finance tools available to local governments to finance current and long-term infrastructure needs. The strategies identified in the report require state legislation that authorizes local governments to use them.

Part II

To assist builders, developers, and policymakers with understanding where these tools can be used, NAHB identified 11 of the infrastructure finance strategies contained in Building for Tomorrow that appear to provide the greatest opportunities for local governments to meet their current and long-term infrastructure needs in the most cost-effective manner and retained the National Conference of State Legislatures (NCSL) to catalog the extent to which these tools were authorized across the states, along with links to the enabling statutes. NCSL’s full research report was highlighted in NAHB’s second publication in its infrastructure series, "Infrastructure Finance: Does Your State Encourage Innovation?," first published in 2005 and updated in 2007 and again in 2012. The 2012 update shows the growing capacity to use the tools across the states.


Part III

The third publication in the Infrastructure Series is titled "Infrastructure Solutions: Best Practices from Results-Oriented States." This publication, the third in the series, features research from the NCSL regarding the best state policies for some of the most commonly used infrastructure finance alternatives. NCSL looked at statutory language from all the states authorizing the use of these finance tools, and highlighted the best-written laws — those that showed the most promise for helping local governments make effective use of those tools.