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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

Site Notification

Site Notification


The Build America Bureau can consider TIFIA loans for airport-related projects, as defined in section 40117(a) of title 49. The Bureau can consider TIFIA or RRIF loans to support surface transportation projects at airports (such as consolidated rental car facilities and intermodal facilities) through other eligibilities as well.

We encourage early coordination with the Bureau, so that we can help identify applicable requirements.  As noted in the Credit Programs Guide, “…DOT expects recipients of TIFIA and RRIF credit assistance to comply with the domestic steel, iron, and other manufactured products content requirements of the applicable modal agency…”  The same applies to Prevailing Wage, DBE, and other applicable provisions.


Eligible Project Sponsors:

  • State DOTs
  • State Infrastructure Banks
  • Private Firms
  • Airport Authorities
  • County and Local Governments
  • Transportation Improvement Districts

Eligible Projects:

  • Airport development, as defined at 49 USC 47102(3), undertaken by the sponsor, owner, or operator of a public-use airport
  • Terminal development, as defined at 49 USC 47102(28), including gates, access roads, and more
  • Noise compatibility measures, eligible under 49 USC 47504
  • Converting vehicles and ground support equipment to low-emission technology, as defined at 49 USC 47102(12)
  • Consolidated rental car facilities
  • Transit/rail facilities

Credit Products for Airport Projects


  • Can finance up to 33 percent of eligible project costs
  • Requires dedicated revenue stream
  • Flexible amortization, up to 75 years for some projects
  • Repayment can be deferred for five years
  • No pre-payment penalty

Rural Project Initiative:

  • Can finance up to 49 percent of eligible  project costs
  • 1/2 the normal Treasury rate
  • Waiver of fees


Last updated: Thursday, May 26, 2022