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Letter: Leverage private money for roads

Credit: Tribune Media Services / Michael Osbun

As chairman of the State Senate's Transportation Committee, I agree with Newsday that New York's infrastructure is in desperate need of repair ["Infrastructure bank can help repair New York," Editorial, April 15].

A national infrastructure bank would certainly help leverage public dollars with private investment. New York State should also take advantage of private-sector capital and creativity on its own by expanding the use of public-private partnerships.

Our transportation infrastructure needs a $175-billion investment over the next 20 years, according to the state comptroller's office. Public-private partnerships could help give the state access to new capital to make this investment.

Sen. Charles J. Fuschillo Jr., Merrick