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Resources & Links

State Infrastructure Banks

Arizona Department of Transportation Highway Expansion and Extension Loan Program
This site introduces Arizona DOT's state infrastructure bank, known as HELP, or the Highway Expansion and Extension Loan Program. The site provides comprehensive information on the HELP program.

California Transportation Finance Bank
The U.S. Department of Transportation (US DOT) designated California to participate in its State Infrastructure Bank (SIB) Pilot Program, authorized under the National Highway System Designation Act of 1995. The SIB Program was established to provide flexible project financing through loans, debt service guarantees, lines of credit and other capital financing support. California established its SIB, the Transportation Finance Bank, to offer flexible, short- term loans (maximum six- year) to public and private entities for any stage of an eligible highway construction or transit capital project.

Colorado State Infrastructure Bank
The CO SIB program was developed as part of a federal pilot program. The bank makes loans available to communities in all areas of Colorado, to help fund transportation projects. The CO SIB program is described in the attached PDF file together with program eligibility guidelines, application instructions and an application form.

Florida DOT State Infrastructure Bank
Florida DOT's online guide for its SIB. Provides a description of the program, application materials, and application deadlines.

Kansas Transportation Revolving Fund
The Kansas Transportation Revolving Fund (TRF) provides low-cost, flexible financial assistance to local governments for qualified transportation projects.

Minnesota DOT Transportation Revolving Loan Fund
Minnesota DOT's online guide for its SIB, known as the Transportation Revolving Loan Fund. The site provides a description of the program, downloadable application materials, and application procedures.

New Mexico Finance Authority
The New Mexico Finance Authority was created in 1992. It is sponsored in part by the New Mexico Department of Transportation, and provides funds to local government and public-private projects.

Ohio DOT State Infrastructure Bank
A useful guide to innovative finance from Ohio's DOT. Provides information on program objectives, eligible projects, and the loan approval process. Application materials are available online.

Oregon Transportation Infrastructure Bank
The Oregon Transportation Infrastructure Bank (OTIB) is a statewide revolving loan fund designed to promote innovative financing solutions for transportation needs. Oregon's program was started in 1996 as part of a federal pilot program. (Because of the source of initial capital for the OTIB, most loans involve the use of federal funds.) Legislative action in 1997 established the program in state law and expanded the bank's authority. Staff support for the program is provided by the Financial Services office of the Oregon Department of Transportation (ODOT).

Pennsylvania Infrastructure Bank
The Pennsylvania Infrastructure Bank (PIB) is a PennDOT-operated program that provides low-interest loans to help fund transportation projects within the Commonwealth. The goal of the PIB is to leverage state and federal funds, accelerate priority transportation projects, spur economic development, and assist local governments with their transportation needs.

Texas DOT State Infrastructure Bank Applicant Handbook
An online handbook for Texas SIB applicants. Provides a description of the Texas SIB and eligible projects, application materials, and current loan application status.

Vermont Agency of Transportation
This page supplies a basic description of VT's state infrastructure bank, including selection criteria and contact information.

Wisconsin State Infrastructure Bank
The Wisconsin SIB program is a revolving loan program providing capital for transportation projects from loan repayments and interest earned from funds remaining in the bank. SIBs can be used in conjunction with other programs to better facilitate the timing of economic development projects.