Nowak Metro Finance Lab

The IIJA, IRA, and CHIPS Act sparked historic federal investment in infrastructure, clean energy, and industry. But complex funding strained local governments. As federal support shifts, sustained local capacity and partnerships are vital to keep progress moving.

Since the launch of Houston's Department of Government Efficiency, leaders like Angela Blanchard and Steven David have been working to transform how the city prepares for crises and delivers public services. Highlighting Mayor Whitmire’s commitment to accountability and resilience, this work includes a deep operational overhaul, major infrastructure investments like reliable power for critical facilities, and a candid reckoning with Houston’s vulnerability to climate disasters.

The Fogo Island retreat, hosted by Shorefast and the Canadian Urban Institute, brought together community leaders and capital providers to explore how to better align global investment with local economies. Set in a community revitalized by Zita Cobb’s place-based model, the retreat highlighted the power of local sourcing, import-replacement, and integrated economic development.

In 1959, President Eisenhower called for national goals and highlighted the need for shared responsibility across government levels. His “marble cake” model of federalism, showing the overlap of federal, state, and local roles, remains relevant today as states and cities take on more responsibility in complex policy areas like housing and defense.