Posted on April 9, 2018

Last week, President Donald Trump hosted a campaign-style event in Ohio to discuss his infrastructure plan. The White House Council of Economic Advisers says that, if implemented, the plan could put more than 400,000 people to work over the next decade. Infrastructure and transportation is a legislative priority for NAIOP in 2018.

Trump says he’d settle for a series of smaller bills instead of a single, sweeping bill. Infrastructure improvements could "be passed in one bill or in a series of measures," the president told reporters last week.

That’s important because many observers doubt Congress will be able to agree on any single major bill before the November election. Still, administration officials promise to keep working on the issue. "We will have a push, a strong push to have infrastructure done this year," a senior administration official told CNN. "We hope to get a big chunk done this year."

Posted on March 12, 2018

Transportation Secretary Elaine Chao says details about the Trump administration’s infrastructure plan should be coming out soon. The goal of the plan is to spend roughly $200 billion in federal funds and generate $1.5 trillion in spending by state and local governments and private investors for transportation, energy, water and other infrastructure projects.

Government investment in infrastructure is a priority issue for NAIOP in 2018. Last month, NAIOP President and CEO Tom Bisacquino wrote an op-ed for Fox News, reminding readers: “In the real estate industry, infrastructure encourages development. People are more likely to develop property, start businesses and choose to live where the roads, bridges, ports and power grid are dependable.”

Last week, Chao told the American Association of State Highway and Transportation Officials that the plan’s guiding principles are: