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RAIL 29: Innovative Investment Strategies

In our second edition of Digital RAIL, we consider new and innovative strategies to support passenger rail systems and projects. From conceptual approaches such as America Fast Forward to working with the private sector to attract outside investment, RAIL #29 investigates how passenger rail projects can transition from plans to reality more rapidly and efficiently, especially when public investment streams are more difficult to secure.

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In this Issue

Commentary

Innovative Investment Strategies

In an edition devoted to Innovative Investment Strategies, we find it important to revisit the America Fast Forward approach to passenger rail infrastructure investment. By fast-tracking locally committed investment, this concept would inject the type of funding needed to build major capital projects like rail.

Rail Yard

Tyson's Corner, Va.

Learn about federal efforts to streamline the project delivery process for passenger rail projects, and listen to our audio interview with Barry Goodman, where he discusses innovative investment strategies for passenger rail, with a focus on such vital topics as investment tax credits, value capture, tax increment financing and much more.

NARP & RAIL: Working Together to Bring World-Class Passenger Rail to America

NARP Vision Map of Rail in the United States

This column marks the first in a regular series of contributions from the staff at the National Association of Railroad Passengers (NARP), sharing with RAIL Magazine readers their latest efforts to improve access to passenger rail service for all Americans.

All Aboard

DMU Train

Our collection of news briefs on the latest developments in passenger rail from across North America.

A National Tour of Innovative Passenger Rail Finance

Light Rail stop

In a RAIL Magazine edition dedicated to innovative strategies for passenger rail investment, what follows are a series of capsules highlighting how such tactics have been deployed at the local level to build and finance passenger rail systems.

Made in America

Train manufacturing plant

Today, the scope of America's passenger rail manufacturing sector is a fraction of what it once was, but the need for vehicles, equipment and products produced here is resurgent. Since 1983, the federal government has mandated that any newly-built locomotives and rolling stock for rail transit projects with federal investment be made in America. Now, that requirement supports the employment of thousands of Americans, assembling the subway cars, light-rail vehicles and streetcars that connect our communities -- regardless of where the corporate headquarters are located.

Public-Private Partnerships in Passenger Rail

Light Rail Station in Downtown Rendering

In his written testimony prepared for the U.S. House of Representatives Committee on Transportation and Infrastructure, Cornell University Associate Professor, Department of Policy Analysis and Management, R. Richard Geddes, provided informative and useful background information on what's meant by public-private partnerships, particularly in the context of passenger rail.

Finance: The Crucial Component of Multi-Faceted Rail Contracts

Amtrak HSR Hub rendering

While the inclusion of financing elements into the more established DBOM framework is only recently emerging as an option, it is one that more communities and regions may explore in coming years, especially if public investment streams remain scarce.

Selling the Value of HSR

We must change the way people view HSR by teaching them what we know: HSR is a practical, successful and equitable transportation mode that will benefit everyone in this nation—whether they ride the rails or not.

Carpe Diem: Georgia Prepares to Seize Its Mobility Future

Rendering of Park

On July 31, 2012, voters across the state will head to the polls and decide on instituting a one-cent sales tax to support transportation projects in 12 different regions in Georgia. If approved, the sales tax would raise more than $10 billion in investment over a decade for transit and road projects, and represent a commitment to mobility found in few places in the nation. As important as each individual transportation project is to achieving a more connected and productive Georgia, the process by which voters are educated and empowered to support the sales tax campaign is equally crucial to the state's long-term connectivity and livability. And nowhere is this important decision more profoundly important than in Georgia's largest metropolitan area, Atlanta.

Contact

Richard Sampson
Communications Specialist
Community Transportation and RAIL Magazines
800.891.0590 x729
202.415.9666