Public-Private Partnerships for Public Facilities Construction

Private sector companies interested in entering into partnerships with government entities are often thwarted by the daunting task of overcoming the education and communication gaps that exists in most public organizations related to capital market solutions. And most public sector agencies don't have the expertise to negotiate public-private partnerships to ensure they are getting the best deal. UPD, with its detailed knowledge of and experience with public sector agencies, can help bridge that gap. We help school districts, housing authorities and other public sector agencies understand and evaluate the costs and benefits of public-private partnerships, and we help pave the path—by educating constituents, getting enabling legislation passed, navigating local rules and regulations—that allows these valuable deals to move forward.

School Districts

In many urban areas—particularly in the Northeast and Midwest—population is declining and with it there has been a drop-off in the revenues available to address public school construction and major renovation needs.

In other areas of the country—such as the Southeast and Southwest—school-age population is rapidly expanding and some school districts are having difficulty building new schools fast enough to accommodate the growth.

Public-private partnerships present a great opportunity for school districts to effectively deal with these problems. Without having to identify any new revenue sources, school districts can tap into proven capital markets techniques from the private sector to speed up school construction efforts, almost always for less than they would pay using traditional public financing methods. We can help you do it.

Housing Authorities

Aside from more recent HOPE VI projects, most of the nation's public housing stock is decades old and in dire need of renovation or replacement. Unfortunately, public funds for such major redevelopment of public housing are drying up. The Housing Authorities that survive this drought are going to be the ones who figure out how to tap into the private capital markets to obtain redevelopment resources. Public-private partnerships involving both construction and operating arrangements can be an innovative and effective option for modernizing Housing Authority assets. We can help you take advantage of that opportunity.

Other Government Buildings

Most government jurisdictions own a wealth of real estate. At best, they amount to non-productive assets. No taxes are collected on them, they aren't leveraged to obtain funds for other priorities, and they don't generate any commercial revenues. At worst they're a drain on the public. Many are in a poor state of condition and require costly emergency repairs, large maintenance staff, and high insurance fees. Let us help you put those assets to work through public-private partnerships. It's a great way to generate new revenue to accomplish your mission.