{"id":2390,"date":"2021-09-16T20:26:21","date_gmt":"2021-09-16T20:26:21","guid":{"rendered":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/?p=2390"},"modified":"2021-09-16T20:26:21","modified_gmt":"2021-09-16T20:26:21","slug":"asset-recycling-airports-to-fund-infrastructure","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/asset-recycling-airports-to-fund-infrastructure\/","title":{"rendered":"Asset recycling Airports to Fund Infrastructure"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">What&#8217;s happening? A new study by Reason, <strong><a href=\"https:\/\/reason.org\/wp-content\/uploads\/should-governments-lease-their-airports.pdf\">SHOULD GOVERNMENTS LEASE THEIR AIRPORTS?<\/a><\/strong>, says 31 airports could free up $131 billion for infrastructure improvements in local governments.  It works by a local government leasing or selling its airport, a revenue-producing asset. Congress&#8217; 2018, The new Airport Investment Partnership Program, allows cities to enter into public private partnerships for their airports. Those lease proceeds can then be used as general revenue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Why is this important? Cities have seen revenues impacted by the pandemic and this would provide access to new general revenue without raising taxes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How will this be important? Look to the 3 most likely leases: global airport companies, infrastructure investment funds, and public pension funds. The value of the 31 airports, including multiple in Texas and California, can be found <a href=\"https:\/\/reason.org\/policy-study\/study-leasing-31-us-airports-would-generate-131-billion-to-fund-other-infrastructure-and-pay-debt\/\">here<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/reason.org\/policy-study\/study-leasing-31-us-airports-would-generate-131-billion-to-fund-other-infrastructure-and-pay-debt\/\">Reason | Study: Leasing 31 U.S. airports would generate $131 billion to fund other infrastructure and pay debt<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.governing.com\/now\/why-big-city-airports-are-prime-candidates-for-asset-recycling?utm_term=Why%20Big-City%20Airports%20Are%20Prime%20Candidates%20for%20%5Cu2018Asset%20Recycling%5Cu2019&amp;utm_campaign=What%5Cu2019s%20the%20Future%20of%20Recalls%20Following%20Gavin%20Newsom%5Cu2019s%20Win&amp;utm_content=email&amp;utm_source=Act-On+Software&amp;utm_medium=email\">Governing | Why Big-City Airports Are Prime Candidates for \u2018Asset Recycling&#8217;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What&#8217;s happening? A new study by Reason, SHOULD GOVERNMENTS LEASE THEIR AIRPORTS?, says 31 airports could free up $131 billion for infrastructure improvements in local governments. It works by a local government leasing or selling its airport, a revenue-producing asset. Congress&#8217; 2018, The new Airport Investment Partnership Program, allows cities to enter into public private [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2390","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/2390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/comments?post=2390"}],"version-history":[{"count":1,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/2390\/revisions"}],"predecessor-version":[{"id":2391,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/2390\/revisions\/2391"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/media?parent=2390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/categories?post=2390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/tags?post=2390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}