IN JANUARY 2013, RE:FOCUS PARTNERS WAS AWARDED A $3 MILLION GRANT FROM THE ROCKEFELLER FOUNDATION TO LAUNCH THE RE.INVEST INITIATIVE.
This innovative national program was created by the re:focus team to address the key gaps in federal and state policies to encourage infrastructure investment and to reshape the predevelopment process for resilient infrastructure. re:focus brought together a set of leading private sector partners, including the Bechtel Corporation (engineering); Akin Gump Strauss Hauer & Feld, LLP (legal); and Wall Street Without Walls (finance), with eight US partner cities, selected through a national competition to develop new design and finance strategies that can be replicated in cities around the world.
RE.invest’s team of technical and finance experts worked collaboratively over the course of two years (concluding in March 2015) to develop strategies for aggregating high-priority projects across sectors—including water, communications, energy, and transportation—and leverage large-scale, long-term private investment. The results of this work include both new on-the-ground projects and new models for collaboration between local governments, investors, private sector companies, and communities.