The FHWA established the Center for Innovative Finance Support (formerly Innovative Program Delivery) in October 2008 to provide a comprehensive set of tools and resources to assist the transportation community in exploring and implementing innovative strategies to deliver programs and projects. Innovation can help overcome resource constraints, address energy and environmental considerations, and promote efficiencies in program delivery.
The Center for Innovative Finance Support's mission is expanding public sector capacity to design and implement alternative financial strategies for delivering transportation infrastructure. The Center conducts research, delivers training, distributes information, and provides technical assistance in support of these strategies, which are grouped into three program areas: public-private partnerships, project finance, and revenue. It also serves as FHWA's connection to the U.S. Department of Transportation's (US DOT's) Build America Bureau (the "Bureau") and works in concert with it to identify and coordinate FHWA technical assistance for transportation projects receiving Bureau support.
