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The template TIFIA Loan Indicative Term Sheet and Loan Agreement reflect current USDOT's credit policies. The term sheet sets forth certain basic terms and conditions of TIFIA credit assistance; however, the execution of a credit agreement and subsequent disbursement of funds to a project are...
Pursuant to the recently enacted Fixing America’s Surface Transportation Act (FAST Act), DOT announced the availability of $1.435 billion in capital over five years for the TIFIA credit assistance program (and any funds that may be available from prior fiscal years) to provide...
DOT uses a multi-step application process for TIFIA credit assistance. This process begins with the submission of a Letter of Interest and determination of eligibility. Only after a project sponsor has submitted a Letter of Interest and met all...
The Rural Project Initiative is a loan program feature to help improve transportation infrastructure in America’s rural communities.
Rural communities frequently find it challenging to pay for critical infrastructure projects, which are key to improving the economy and the quality of...
The following information is a summary of the Bureau's credit programs. For more detailed information, please review the full Credit Programs Guide.
Transportation Infrastructure Finance and Innovation Act (TIFIA)
Background on TIFIA Strategic goal - to leverage...Transportation Infrastructure Finance and Innovation Act (TIFIA) credit program policy update will allow all types of transportation infrastructure projects to finance...