General
Private Activity Bonds - Allocations
State
Project
Amount Allocated
Amount Issued
VA
Capital Beltway HOT Lanes
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Private Activity Bonds - Applications
The U.S. Department of Transportation (USDOT) is accepting applications from sponsors interested in receiving authority to use a portion of the $30 billion in Private Activity Bonds (PABs) available. While USDOT has not specified a fixed format for PAB applications, it has identified several...
Private Activity Bonds - Eligibility
The statutory authority for the U.S. Department of Transportation (USDOT) Private Activity Bonds (PABs) Program comes from Section 142(m) of the Internal Revenue Code (IRC) or Title 26 U.S.C. §142(m).1 Section 142(a) provides a general list of the qualified facilities for which PABs can be...
San Luis Obispo Regional Transit Authority Bus Facility
San Luis Obispo Regional Transit Authority bus facility loan fact sheet. The community used the Rural Project Initiative TIFIA loan for a long-term loan at half the Treasury rate.
Mount Vernon Library Commons TOD Project
Fact sheet on Library Commons Project in Mount Vernon, Washington. This is DOT's first transit-oriented development (TOD) loan which used the Rural Project Initiative (RPI) TIFIA program for half treasury rate and reduced advisory fees.
Monterey-Salinas Transit Bus Facility RPI Loan
Fact Sheet on Monterey-Salinas Project - rural community obtained RPI loan to upgrade a bus facility and operations. The rate for the long-term loan was half the Treasury rate, saving the community considerable money.