Recent Streetsblog USA posts about National Infrastructure Bank

Could a Green Bank Hitch a Ride on the Jobs Bill?

By Elana Schor | Jan 15, 2010 | No Comments

Fans of a National Infrastructure Bank (NIB) that would help leverage private-sector funding for transportation projects are still hoping for Hill action after the House declined to add the idea to its $154 billion jobs bill. But the NIB isn’t the only new financing strategy on the table, as Rep. Chris Van Hollen (D-MD) reminded […]

White House Tells Senate: Grants No Substitute For Infrastructure Bank

By Elana Schor | Sep 11, 2009 | No Comments

The White House has reiterated its commitment to a national infrastructure bank (NIB), urging the Senate to reconsider a 2010 transportation spending bill that would "substitute in its place" $1.1 billion in grants. Patty Murray (D-WA) heads the Senate panel in charge of U.S. DOT spending. (Photo: Seattle Times) In a statement of policy on […]

A National Infrastructure Bank By Any Other Name …

By Elana Schor | Jun 19, 2009 | No Comments

The House transportation committee’s new $450 billion bill provides for a national infrastructure bank intended to "maximize the limited resources available for our surface transportation needs," as the panel’s early outline puts it. (Photo: National Association of Water Cos.) This sounds a lot like the infrastructure bank proposed by Rep. Rosa DeLauro (D-CT) and 35 […]

Infrastructure Bank Plan Gaining Attention And Momentum

By Elana Schor | May 26, 2009 | 7 Comments

In today’s New York Times, columnist Bob Herbert spotlights the congressional proposal for a National Infrastructure Development Bank that would issue bonds, make loans and create securities to help finance needed rebuilding projects around the country. As Herbert put it: Rep. Rosa DeLauro (D-CT) (Photo: America2050 via Flickr) [T]here was a development in Congress last […]