Transit
The Build America Bureau has worked with many transit agencies and other project sponsors to deliver new infrastructure and improve transit services across the country. Whether you're thinking about technical assistance or financing instruments, if you've got a transit project in mind, reach out to us today!
Eligible Project Sponsors:
- State Government
- State Infrastructure Banks
- Private Firms
- Special Authorities
- Local Governments
- Transportation Improvement Districts
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Eligible Projects:
- Intelligent Transportation Systems
- Intermodal Connectors
- Transit Vehicles and Facilities
- Intercity Buses and Facilities
- Transit-Oriented Development
- Passenger Rail Vehicles and Facilities
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Credit Products for Transit Projects
- Can finance up to 49% of eligible project costs
- Requires dedicated revenue stream
- Flexible amortization, up to 35 years
- Repayment can be deferred for 5 years
- No pre-payment penalty
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- Can finance up to 100% of eligible railroad project costs
- Can lend directly to the railroad service operator
- Can refinance existing debt if originally incurred for an eligible RRIF purpose
- Flexible amortization, up to 35 years
- Repayment can be deferred for 5 years
- No pre-payment penalty
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Last updated: Tuesday, March 11, 2025
