Innovative financing tools for transportation projects — including an array of different types of bonds — should be expanded and grouped into a centralized department at the federal level, state and local officials told House panel members yesterday.

“As we look to rebuild our infrastructure, we need a Marshall Plan” for transportation, Phillip A. Washington, general manager and chief executive officer of the Denver Regional Transportation District, said during a hearing held by the House Transportation Committee’s highways and transit panel. “Whether it’s public-private partnerships, whether it’s rehabilitation loans, whether it’s [Transportation Infrastructure Finance and Innovation Act credit assistance].”

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