The City of Hampton closed on Virginia’s first environmental impact bond in December 2020. It is only the third bond of this type issued in the country. This $12 million environmental impact bond will finance three innovative projects to reduce flooding and pollution.
Speakers in the press conference announcing this milestone include
- Mayor Donnie Tuck, City of Hampton
- Lee Epstein, Chesapeake Bay Foundation
- Eric Letsinger, Quantified Ventures
- Congresswoman Elaine Luria, Virginia’s Second Congressional District
- Congressman Bobby Scott, Virginia’s Third Congressional District.
See the press release
Learn more about Environmental Impact Bonds
