The Bigger Infrastructure Investment Program (BIP) is getting its funding from the Antin Infrastructure Fund (AIF), which was established by the Antisas investment program under the Antins program.
The AIF is a non-profit that helps states and cities build the infrastructure that can be used to provide the infrastructure needed for the economy.
It has also been a part of the AntIn infrastructure program since the early 2020s, according to a press release from the agency.
“The AntIn Infrastructure Fund provides capital to help states and municipalities meet the need for high-quality infrastructure while also providing a source of private capital,” Antin President and CEO Scott Kallman said in a statement.
“We look forward to continuing to work with our AntIn donors to support our infrastructure program, which has become a cornerstone of AntIn efforts to increase the quality of life for all of our citizens.”
The AIB has been in place since the late 1980s and was created in 2005, when Antin began its investments in infrastructure in states.
“It’s been a really important part of our investment program,” said Antin’s Antin Finance and Capital Partners, Dan Boudreau and Josh Bousquet, in a joint statement.
The program is an ongoing effort, with the AIFs goal being to provide a new source of capital to states and localities that are building infrastructure in order to meet the needs of the growing population.
“With the expansion of the federal government’s assistance for infrastructure projects, we are working to ensure that the AIB’s funding is directed towards infrastructure that is necessary for growth and to provide long-term financial stability to the states and communities we serve,” they added.
“By providing this capital, states and their localities are able to maintain and expand their networks of critical infrastructure to ensure their economic growth.”