Award of $1,250,000.00 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 $1,250,000 Cooperative Agreement award from the U.S. Department of Transportation's Immediate Office of the Secretary is funded through the Asset Concessions and Innovative Finance Assistance program (CFDA 20.945). The objective of the award is to facilitate and evaluate public-private partnerships in which the private sector could assume a greater role in transportation project planning, development, financing, construction, maintenance, and operation. Specifically, the funding will support the Lavilla Transit Innovation and Equity Project in Jacksonville, FL. Key deliverables include an asset concession report, quarterly reports, and other project outputs. The City of Jacksonville, Florida, the awardee, will leverage this funding to build organizational capacity and identify opportunities for private sector involvement in local transportation infrastructure. The award has a performance period from January 2025 through January 2028.

Activities

Lavilla transit innovation and equity project. Deliverables/expected outcomes: asset concession report, quarterly reports, and deliverables.

Intended beneficiaries

Commuters and residents in jacksonville.