TIFIA
- Project Type: Roads and Bridges
- State: NC
- Sponsor: North Carolina Turnpike Authority (NCTA)
- LOI Received:
- Eligibility Review: Review Complete
- Credit Review: Review Complete
- Application Review: Review Complete
- Credit Agreement Executed:
- Project Cost: $1052.00M
- TIFIA Assistance: $502.00M
- RRIF Assistance:
- Primary Revenue Pledge: Toll Revenues
- FY Closed: FY2020
- Project Type: Roads and Bridges
- State: VA
- Sponsor: Hampton Roads Transportation Accountability Commission (HRTAC)
- LOI Received:
- Eligibility Review: Review Complete
- Credit Review: Review Complete
- Application Review: Review Complete
- Credit Agreement Executed:
- Project Cost: $1057.00M
- TIFIA Assistance: $500.79M
- RRIF Assistance:
- Primary Revenue Pledge: Motor Fuel Tax Revenues
- FY Closed: FY2020
Sponsor Payment Letter Template
The Build America Bureau has developed a sponsor payment letter template. Please click on the link to the Microsoft Word document immediately above this text to save to your computer. This form is being provided for information only. Project sponsors will...
Sponsor Payment Arrangements
The Build America Bureau (Bureau) has begun using sponsor payment arrangements for its legal advisors' fees. The fees for outside legal counsel engaged to represent the Bureau on a Railroad Rehabilitation and Improvement Financing (RRIF) or Transportation Infrastructure Finance and...
Review and Approval Process
The TIFIA statute establishes a multi-step process for TIFIA credit assistance beginning with the submission of a letter of interest (LOI).
The initial LOI eligibility review is intended to identify major statutory, regulatory, financing or timing issues that would prevent the...
Eligibility
TIFIA is designed to work with many different types of projects and borrowers, including:
Project Types Roads, bridges, and tunnels (Title 23/FHWA projects) Public transit (Title 49, Chapter 53/FTA projects) Bicycle and pedestrian...Applying
OverviewTIFIA provides low-interest loans with flexible terms to help finance your project.
The process generally begins when you schedule an Initial Consultation with Bureau staff. From there, our team will work with project sponsors to complete the first official document in...