Award of $905,000.00 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 federal Cooperative Agreement award of $905,000.00 from the U.S. Department of Transportation's Immediate Office of the Secretary under the Asset Concessions and Innovative Finance Assistance program (CFDA 20.945) is intended to support Wayne County, Michigan in conducting an asset scan to identify opportunities for transit-oriented development.

The key products and services to be delivered under this three-year award, which runs from April 15, 2025 to April 14, 2028, include an asset concession report, quarterly reports, and other deliverables. The objective is to facilitate and evaluate public-private partnerships where the private sector could assume a greater role in project planning, development, financing, construction, maintenance, and operation, including by assisting the county in entering into asset concessions. The intended beneficiaries are commuters and residents of Wayne County.

Activities

Wayne county, MI application for asset scan to identify opportunities for transit-oriented development. Deliverables and expected outcomes: asset concession report, quarterly reports, and deliverables.

Intended beneficiaries

Commuters and residents of wayne county.