New Infrastructure Plans Rolling Out

Following the signing of the Bipartisan Infrastructure Law, NewDEALers are poised to lead in directing investments to long-overdue projects that will impact the economic vitality of their communities. Many NewDEAL Leaders are already taking action on these priorities. Delegate Brooke Lierman’s Maryland Transit Safety & Investment Act overcame a gubernatorial veto and is set to eliminate the state’s $2 billion public transportation maintenance backlog by spending nearly half a billion dollars each year for repairs and enhancements. In Nevada, Clark County Commissioner Michael Naft celebrated the groundbreaking of a long-awaited bridge project which first received federal funding in the 1990s. “This bridge is an important transportation element and it is also critical for emergency responders,” Naft said. Elsewhere, the Boston Council approved newly-elected Mayor Michelle Wu’s $8 million plan for three of the city’s bus lines to go fare-free, an important step towards making the city’s transportation equitable and accessible. The program will utilize federal funding, and early numbers suggest that ridership will be significantly boosted by the measure.

CommUNITY Response Teams

Problem

Chester County experienced immeasurable loss during the pandemic, including more than 800 lives and hundreds of businesses. In order to get back to where we were, and ideally have a better economy than we had previously, we need to include all corners of our community to develop long-term, forward thinking solutions that will establish our County as a driver of economic growth during the next 10 years.

 

Solution

Chester County has embarked on a mission to use the American Rescue Plan Act funds to rebuild our community.  A critical part of the process is to include members of the public as part of the evaluation teams that will prioritize and review proposals that would most effectively spend-down the funding.  Seven evaluation teams will be established by Chester County to address each priority area for ARPA funding.  Each team will include representatives from Chester County Government’s finance department, solicitor’s office and strategic planning team, who will facilitate the priority groups. Three county employee volunteers and four volunteers from the community will complete each team.  Members that will help direct the ARPA funds represent a cross section of people covering all ages, genders, socio-economic and geographical areas of the county. This approach helps ensure the difficult questions are asked of proposals, leading to increased results and outcomes.

Secure Tokens for State Financial Offerings

Problem

 General obligation bonds are prohibited under the Colorado Constitution without voter pre-approval. As a result, capital financing has principally been done through tax or revenue anticipation notes or certificates of participation (COPs). Tax or revenue anticipation notes are used to help cash flow of the General Fund or local school districts, but they are repaid within the same fiscal year. The State of Colorado uses COPs to finance construction of new facilities. These COPs are typically offered to lessors who assign their interests to commercial banks, mutual or pension funds, and PERA to own the property, collect lease and interest payments from the state, and make payments to investors. This method of securing state debts limits the number of businesses and organizations that can invest in the state and assist in financing capital projects.

 

Solution

In order to reduce the dependence on commercial banks, institutional investors, mutual funds, and pension funds, COPs could be funded by millions of individual investors through the use of secure tokens. The introduction of a policy that sets up a plan for secure tokens to be used to finance COPs would greatly expand the number of potential investors and decrease the interest rate that the state would owe on its principal loan as a result of direct purchases by retail investors. Instead of the state using investment banks that charge high fees to underwrite new COP offerings, Colorado would be able to issue secure token offerings (STOs).  This approach would likely lower interest rates compared to traditional COP financing methods and the citizens of Colorado could share in the ownership of new capital assets until the state has paid back the principal and interest to each investor.

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Project Taillight: Keeping Columbus Safe One Vehicle at a Time

Problem

 Too often, low-income individuals don’t have the disposable cash to have their vehicle’s safety lights repaired when headlights, taillights, license plate lights, or brake lights are broken or burned out. The result is unsafe vehicles on the road and opportunities for folks to be pulled over and ticketed for safety violations. Those tickets cost money (on top of repair costs) and could result in unpaid fines leading to suspended licenses or worse. In the City of Columbus, we have seen a disproportionate number of vehicle safety violations issued to residents in our most economically challenged neighborhoods and wanted to take a proactive approach to address the issue.

 

Solution

Offer free vehicle safety light repairs to low-income households. Through Project Taillight, individuals living in households with annual income less than 200% of the federal poverty line and needing safety light repairs can contact the City Attorney’s Office to schedule repair appointments with Columbus State Community College’s Automotive Technology Program. Project Taillight participants receive free light repairs, vehicle safety checks, and fluid top-offs (oil, coolant, etc.).  We tested the model with 79 people and had overwhelming responses from participants, residents, and community leaders– all recognizing how a small setback, like an unpaid ticket, could upend families struggling to make ends meet and that a small investment in parts and labor could help overcome this challenge. We piloted the program through our local community college and plan to expand/scale the service through commercial auto repair shops and have an agreement from local law enforcement to give Project Taillight information to drivers in lieu of citations.

Massachusetts Expands Voting Access

This week, the Massachusetts Senate approved a major expansion in voting access, codifying mail-in and early voting. NewDEAL Leader Senator Barry Finegold drafted the legislation and has been a leader in the fight for more access to the ballot. In addition to mail-in and early voting, the bill will allow same-day registration and require state prisons to ensure that eligible inmates can access ballots. Read more about the legislation here, and for more, check out our Democracy event series.

MI Vote Matters

NewDEAL Leader Michigan Secretary of State Jocelyn Benson, celebrated National Voter Registration Day on Tuesday with the launch of the MI Vote Matters High School Voter Registration Challenge. This new initiative encourages eligible high school seniors to exercise their rights by registering or pre-registering to vote. Another NewDEALer, Alex Padilla, had significant success in registering and pre-registering 400,000 young voters with a similar program when he was Secretary of State in California, before being appointed to the U.S. Senate. To learn more about how Secretary Benson is encouraging young voters, read the article here.

Closing Colorado’s Digital Divide

This week, NewDEAL Leader Colorado Senator Jeff Bridges’ bill to invest in internet access was signed into law. With the pandemic adding urgency to the necessity for access to high-speed reliable internet to participate in economic activities, education, telehealth, and more, Bridges’ bill provides $75 million to connect unserved and underserved communities, including $20 million specifically set aside for the Ute Mountain and Southern Ute Tribes. Learn more about how this funding increases equity, and keep an eye out for information on similar topics from the NewDEAL Forum Broadband Task Force.

Leading the U.S. Conference of Mayors

This week, NewDEAL Leader Dayton, OH Mayor Nan Whaley was elected the 79th President of the United States Conference of Mayors, succeeding fellow NewDEAL Leader Louisville Mayor Greg Fischer. In an address to her mayoral colleagues, Mayor Whaley outlined her priorities, including effectively implementing the American Rescue Plan, securing passage of the American Jobs and American Families Plan, and addressing gun violence. “We are in the middle of a transformational era for our country, and I am humbled by the opportunity to work more closely with our nation’s mayors in this new capacity to make a real difference in the lives of our residents…there is no better time than right now to meet this moment by creating a more safe and equitable future that is available to all of us, not just some of us.”  Also announced were other members of the elected UCSM Leadership team, including the addition of NewDEAL Leaders Lincoln, NE Mayor Leirion Gaylor Baird, San Jose Mayor Sam Liccardo, St. Louis Mayor Tishaura Jones, and Richmond Mayor Levar Stoney to the group’s Advisory Board.

Incentivizing Cybersecurity Measures

This week, the Connecticut House of Representatives unanimously passed NewDEAL Leader Representative Caroline Simmons’s cybersecurity bill that will incentivize businesses throughout the state to voluntarily adopt programs and practices that have been proven to increase protection from cyber threats. Representative Simmons highlighted that the bill “works to protect Connecticut’s infrastructure, utilities, businesses, hospitals, schools, and consumers.”  Read more about Rep. Simmons’ bill and its next steps here.

California Unveils “Where’s My Ballot” Tool

Many voters are planning to submit ballots by mail this year, due to health concerns around voting and other logistic challenges, but some voters may feel anxious about whether their vote arrived safely for counting. NewDEAL Leader California Secretary of State Alex Padilla unveiled a new tool to help voters track their ballots, allowing Californians to follow their ballot’s progress step by step until it’s officially counted. Check out more details about “Where’s my Ballot” to learn more about how Sec. Padilla is using tech to adapt to the unique challenges of the 2020 election season.

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