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Transportation Infrastructure Finance and Innovation Act (TIFIA) Credit Assistance

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The Transportation Infrastructure Finance and Innovation Act (TIFIA) program, administered directly by the federal government through the Department of Transportation, provides critical credit assistance in the form of loans for surface transportation projects of regional and national significance. Eligible initiatives encompass a wide range of infrastructure, including highways, transit, intercity passenger rail, intermodal freight transfer facilities, and port terminal modifications. Additionally, the program supports the electrification of buses, ferries, and trains, along with their associated infrastructure, with a specific focus on resilience. Under the Bipartisan Infrastructure Law, the program has expanded its scope to include airport projects and increased authority for transit-oriented development. The program is currently active and accepting applications from qualified entities seeking financial assistance for these large-scale transportation improvements.

General Info

DOT provides TIFIA loans for regional and national surface transportation and airport projects.

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Organization & Contact Information

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AgencyWyoming → Department of Transportation
ContactsNo contacts available
OfficeWY, USA
Office AddressWY, USA
ContactsNo contact information available

Full Description

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The Transportation Infrastructure Finance and Innovation Act (TIFIA) program provides credit assistance for qualified projects of regional and national significance. Many large-scale, surface transportation projects - highway, transit, railroad, intermodal freight, and port access - are eligible for assistance.
Eligible uses: Surface transportation projects, including highway, transit, intercity passenger rail, some types of freight rail, intermodal freight transfer facilities, and some modifications inside a port terminal, and electrification of buses, ferries, trains, and associated infrastructure. The Bipartisan Infrastructure Law specifically provides new eligibility under the Transportation Infrastructure Finance and Innovation Act Program for airport projects and expanded authority for transit-oriented development.
Program administrator: Direct federal
Program status: Active: Accepting applications
Financial instrument: Loan
Topics: Resilience
Notice of funding opportunity: https://www.transportation.gov/buildamerica/financing/tifia/applying
Additional information: https://www.transportation.gov/buildamerica/financing/tifia

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