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WeGo to hire Greystone to implement BUILD innovative finance grant for up to $999,400

Metro Transit Authority of Nashville and Davidson County (WeGo Public Transit Board) · November 13, 2025
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Summary

The board authorized a 24-month, grant-funded contract with Greystone Real Estate Advisory Group to implement WeGo’s BUILD program award; the contract amount equals the grant award, not to exceed $999,400.

Debbie Frank (Speaker 9), deputy CEO for growth and development, recommended the board authorize the chief executive officer to execute a 24-month contract with Greystone Real Estate Advisory Group to implement WeGo’s BUILD (USDOT) innovative finance and asset-concession grant. The BUILD grant provides technical assistance to assess and unlock the value of existing transit real estate and explore alternative financing and public-private partnerships.

Frank said the procurement received three responsive proposals and that the evaluation committee selected Greystone based on qualifications and cost. The recommended contract term matches the grant period and the recommended value does not exceed the total grant award of $999,400; Frank confirmed the contract is entirely grant-funded.

Board members commended staff for securing the federal award and for the competitive procurement. Following a motion, second and voice vote, the board approved the CEO’s authority to execute the contract with Greystone.

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