WASHINGTON – November 15, 2013 – (RealEstateRama) — U.S. Sen. Mark R. Warner (D-VA) led a bipartisan coalition of ten Senators today in introducing legislation to establish a new infrastructure financing authority to help states and localities better leverage private funds to build and maintain the nation’s outdated infrastructure. The Building and Renewing Infrastructure for Development and Growth in Employment Act, or BRIDGE Act, helps to address the nation’s alarming investment shortfall in maintaining and improving our transportation network, water and wastewater systems and energy infrastructure. The legislation would provide an additional financing tool for states and localities which can create new jobs here at home while also increasing our nation’s economic competitiveness.
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