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Investment Crowdfunding Used To Finance Green Infrastructure Pilot Project in Fairfax, VA

Fairfax, VA

A green infrastructure pilot project in Fairfax, VA was struggling to find suitable financing. By utilizing investor crowdfunding, the project was able to proceed prior to public funding availability.

Topics Covered

Fiscal Uncertainty


Initial: Zero Upfront Cost


Bonds & Loans

Public Private Partnership

Innovative Finance

Green Bonds

Project Status

Operational since 2022

Gov Champion

Deputy County Executive

Problem Addressed

Under a new directive to advance smart city technologies as part of the county’s strategic plan to grow and diversify the economy, Fairfax County, VA pursued a green infrastructure pilot project at its I-95 landfill complex.

The scope of the pilot project was to replace an approximately 200-yard length of failing road at the I-95 landfill complex with a mix of high-performing recycled materials.

If the project was deemed successful, Matrix Materials, the contractor responsible for the materials and construction technique, could be brought in on projects across the state in the future. Due to a lack of working capital, Matrix Materials needed a way to finance the project but had limited options due to the nature of green infrastructure projects.

Solutions Used

Matrix Materials turned to Infrashares to assist in securing a loan of $40,000 to fund the project.

The Infrashares platform brings crowdfunding to Public-Private Partnerships (P3), connecting changemakers trying to develop critical infrastructure projects with investors.

The county’s road project was posted on the Infrashares platform with the general public able to invest in and fund a critical infrastructure project.

By committing funds, investors were promised monthly interest payments for the 6 month duration of the loan, with repayment of the principal anticipated to occur at the end of the loan period.



The county was able to proceed with the pilot project prior to public funding availability.


The green infrastructure road project was able to be realized without obstacles presented by traditional financing.


The county was able to reap the benefits of an innovative infrastructure project while being shielded from some of the financial risk.

Who Should Consider

Any city looking to explore more environmentally friendly construction options, but faced with a limited budget.

Last Updated

Sep 17th, 2021

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