American Association of State Highway & Transportation Officials May 9, 2008  
Innovative Finance  
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ABOUT THIS WEBSITE

InnovativeFinance.org is an Internet based clearinghouse providing information on innovations in all areas of surface transportation finance. InnovativeFinance.org offers information on federal, state, local, and private funding of highways, passenger rail and bus systems, intermodal links, intelligent transportation systems, and other related facilities, with an emphasis on innovative alternatives to traditional funding methods.

InnovativeFinance.org is sponsored by the American Association of State Highway and Transportation Officials (AASHTO), with additional financial support provided by the Federal Highway Administration (FHWA). The site was created in 2000-2001 with research monies provided by the National Cooperative Highway Research Program (NCHRP). Stewardship for the site was transferred to AASHTO in late 2003.

The initial impetus for InnovativeFinance.org came from the Transportation Research Board's (TRB) April 1997 Conference on Transportation Finance for the 21st Century. InnovativeFinance.org is intended to assist transportation decision makers and as they implement new and innovative ways of financing transportation improvements. The Website provides information on technical topics, projects, legislation, publications, application guidance, and institutional issues germane to all transport modes of surface transport.

InnovativeFinance.org is an excellent forum for sharing information and highlighting new ideas. The Website relies on information provided by its stakeholders, which include departments of transportation, transit agencies, transportation authorities, lenders, financial advisors, rating agencies, journalists, academics, and more.InnovativeFinance.org is updated on a regular basis and has been designed to absorb large quantities of additional information. The site is maintained by AASHTO and FHWA as a service to all involved in financing transport infrastructure. Users are encouraged to enrich the Website by sharing information with their colleagues through InnovativeFinance.org.

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