Build America Bureau Publishes Asset Concessions Technical Assistance NOFO

U.S. public sponsors considering concession contracts on their existing assets have a new opportunity to apply for federal funding to cover their transaction and planning costs. In March the Build America Bureau finally published the first Notice of Funding Opportunity (NOFO) for the Innovative Finance and Asset Concession Grant Program (IFACGP). The program will distribute more than $57 million in grants for technical assistance for public sponsors considering asset concessions.

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