Financing Natural Infrastructure: The Elizabeth River Project, Chesapeake Bay, VA
Abstract
Knowledge gaps surrounding natural infrastructure (NI) life cycles and performance thwart widespread implementation of NI in civil works projects. In particular, information about funding or financing the scoping, design, construction, monitoring, and adaptive management of NI projects constitutes a key need as there is no standard process for securing funds. This technical note is part of a series documenting successful examples of funding NI projects and sharing lessons learned about a variety of funding and financing methods to increase the implementation of NI projects. The research effort is a collaboration between the Engineering With Nature (registered trademark) (EWN (registered trademark)) and Systems Approach to Geomorphic Engineering (SAGE) programs of the US Army Corps of Engineers (USACE). This technical note explores how the Elizabeth River Project (ERP), a nonprofit organization based in Norfolk, Virginia, developed a homeowner cost-sharing program to fund NI projects--living shorelines, rain gardens, and riparian buffers--within an urban watershed.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 16, 2024
- Accession Number
- AD1226190
Entities
People
- Bari N. Greenfeld
- Ellis Kalaidjian
- Margaret Kurth
- Matthew A. Smith
Organizations
- United States Army Corps of Engineers