Nossaman Congratulates the San Francisco Municipal Transportation Agency on Bond Buyer “Deal of the Year” Award
Nossaman congratulates the San Francisco Municipal Transportation Agency (SFMTA) on winning Bond Buyer’s 2026 “Deal of the Year” award in the Public-Private Partnership Financing category for the Potrero Yard project. Bond Buyer praised the project, noting it is the Agency’s “first P3, which funds replacement of a bus maintenance facility built in 1915…and the $735.5 million of tax-exempt 501(c)(3) bonds, issued through the California Municipal Finance Authority, are projected to save more than $100 million in debt service compared with taxable debt.”
The Bond Buyer's editorial board evaluated award entries for creativity, execution under challenging conditions, potential to serve as models for other financings and the public purposes supported by the proceeds. “This year's winners show how financing decisions can make a difference in what communities can build and afford,” said Mike Scarchilli, editor in chief of the Bond Buyer. “From establishing new credits to reducing borrowing costs and financing workforce housing, these transactions offer approaches other issuers can learn from.”
The Potrero project was recognized earlier in 2026 when the American Road & Transportation Builders Association (ARTBA) honored it with a “Project of the Year—Innovation” award at its 38th Annual P3 in Transportation Conference. Corey Boock and Elizabeth Cousins served as co-leads for the Nossaman team advising SFTMA, working in close collaboration with the San Francisco City Attorney’s Office on the project since 2022. Nossaman is honored to continue supporting the Potrero project as it continues into implementation.
