Welcome to Federal Credit Fridays! The U.S. government is one of the largest lenders and credit guarantors on earth. Its portfolio is estimated at over $3.6 trillion, as measured by loan assets and the face value of loan guarantees. The government uses credit for a wide variety of policy missions, including housing, higher education, small businesses, rural and urban economic development, infrastructure, and export promotion, among others. This podcast will familiarize you with the vast world of federal credit, and we hope that you’ll learn about similarities and differences between these programs as well as the importance of their work to achieving policy missions within the framework of public-private collaboration.
In today’s podcast, Dr. Morteza Farajian, executive director of the Build America Bureau at the U.S. Department of Transportation, discusses the changing role of infrastructure finance. Dr. Farajian is responsible for a growing $29 billion loan guarantee portfolio that supports the development of large-scale and multimodal transportation infrastructure.
The Build America Bureau also promotes innovative project financing solutions and helps state and local governments develop and finance public-private partnership transactions for transportation facilities. Listen below and let us know what you think.