Award of $1,000,000.00 with the objective to facilitate and evaluate public-private partnerships in which the private sector partner could assume a greater role in project planning, development,…

This $1,000,000 Cooperative Agreement award under the U.S. Department of Transportation's Asset Concessions and Innovative Finance Assistance program (CFDA 20.945) is intended to facilitate and evaluate public-private partnerships in Louisville, KY, where the private sector could assume a greater role in transportation infrastructure project planning, development, financing, construction, maintenance, and operation. The funding will enable the Louisville-Jefferson County Metro Government to acquire expert services and build organizational capacity to identify underutilized transportation assets with potential for private sector involvement, conduct feasibility analyses, and explore innovative financing strategies and asset concession opportunities. Key deliverables include an asset concession report, quarterly reports, and other project-related deliverables that are expected to benefit commuters and the downtown Louisville community. The award period of performance is from January 6, 2025 to January 5, 2028.

Activities

Downtown louisville revitalization projects. Deliverables/expected outcomes: asset concession report, quarterly reports, and deliverables.

Intended beneficiaries

Commuters and the community of downtown louisville