Roads and Bridges
The Build America Bureau has worked with many State DOTs and other project sponsors to deliver new infrastructure and improve roads, highways, bridges, tunnels, and bike/ped infrastructure across the country. Whether you're thinking about technical assistance or financing instruments, if you've got a roadway project in mind, reach out to us today!
Eligible Project Sponsors:
- State DOTs
- State Infrastructure Banks
- Private Firms
- Special Authorities
- County and Local Governments
- Transportation Improvement Districts
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Eligible Projects:
- New or Resurfaced roads
- Expanded capacity
- Bike/Ped projects
- HOT and Managed Lanes
- Tolling
- Bypasses
- Bridge replacement
- Intelligent Transportation Systems (ITS)
- Other facilities eligible under Title 23 – 23 U.S.C. §601(a)(12)(A)
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Credit Products for Road Projects
- Typically can finance up to 33% of eligible project costs (in some cases up to 49%)
- 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 49% of eligible project costs
- 1/2 the normal Treasury rate
- Waiver of fees if total project cost is less than $75 million
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Last updated: Tuesday, March 11, 2025
