Jen Mayer

Searching for the words “P3” and “equity” online will yield many results, but most won’t discuss fairness or social justice. In the P3 context, equity usually means financial equity, as in the direct capital investment made by private companies in long-term concession arrangements. In these transactions, social and racial equity is often an afterthought, at best.

In a time with little bipartisan agreement, there’s one common consensus in Washington: America’s infrastructure desperately needs renewal. While details are scarce about the Trump administration’s infrastructure plan, no one expects a significant increase in Federal funding for infrastructure. Instead, the administration may incentivize local funding, awarding Federal funds on a competitive basis to communities that raise new revenue for infrastructure.