Coalition board meets with State Treasurer John Schroder to talk infrastructure investment

Yesterday, I-49 South Coalition board members met with State Treasurer John Schroder to advocate for capitalizing on the Louisiana State Transportation Infrastructure Bank (the Bank) to complete critical infrastructure projects like I-49 South. The Bank was established within the Department of the Treasury in 2015, with the purpose of selecting and assisting in financing eligible transportation projects by providing low-interest loans and other financial assistance to municipalities, parishes, and other public entities. Later that year, Louisiana voters approved a Constitutional Amendment allowing the State Treasurer to invest existing state funds into the Bank. Read more on the Bank here…