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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

TIFIA at 25: A Retrospective of USDOT’s Largest Credit Program

The United States Department of Transportation’s (USDOT’s) Transportation Infrastructure Finance and Innovation Act (TIFIA) credit program, enacted 25 years ago, has become a significant source of financing for surface transportation projects in the United States. Since the first loans were made in FY 1999 through FY 2022, the TIFIA program has committed $37.3 billion of loans for 98 distinct projects in connection with $132.2 billion of total capital expenditures. This report reviews the program since inception through September 2022. 

 

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Last updated: Wednesday, October 30, 2024