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Morteza Farajian
Build America Bureau, United States
Executive Director
Description
Dr. Morteza Farajian has served as a senior executive leading the Build America Bureau at USDOT (the Bureau) since April 2019. He is responsible for credit programs and loan guarantees with approximately $30 billion in the existing portfolio and nearly $100 billion in available lending capacity. The Bureau also has the authority to allocate up to $30 billion in tax-exempt private activity bonds that support multimodal transportation infrastructure. Through various technical assistance grant programs, the Bureau assists project sponsors in building capacity to analyze and utilize innovative financing and project delivery solutions such as Public-Private Partnerships (P3).
Prior to this position, Dr. Farajian served as acting Deputy Secretary of Transportation and Director of Public-Private Partnerships (P3) Office in Virginia, one of the leading P3 programs in the nation with over $14 billion in successfully delivered projects. Under his leadership, the P3 program in Virginia was reformed to promote competition, engage stakeholders and increase accountability. Dr. Farajian is also an entrepreneur who has co-founded a crowdfunding platform that creates wealth within the community by offering the opportunity to small and disadvantaged investors to invest alongside larger investors and institutional funds in infrastructure projects in their communities.
He received his Ph.D. and M.Sc. degrees in Project Management from the University of Maryland. He also has a B.S. degree in Civil Engineering.
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