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Project Finance State by State

Transportation Infrastructure Finance and Innovation Act (TIFIA)

The TIFIA of 1998 is a Federal program through which USDOT provides credit assistance in the form of direct loans, loan guarantees, and credit assistance to major surface transportation projects with dedicated revenue streams. TIFIA has provided credit assistance to state departments of transportation, transit operators, special authorities, local governments, and private entities undertaking highway, transit, rail and intermodal improvements. The program is designed to fill market gaps and leverage limited Federal resources and substantial co-investment by providing projects with supplemental or subordinate debt rather than grants. This map identifies the states and individual projects that have received TIFIA credit enhancements. As of March 2009 the TIFIA program has provided $5.8 billion in credit assistance leveraging projects with a construction value of $21.8 billion.

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TIFIA Projects

  • California: South Bay Expressway
  • District of Columbia: Washington Metro CIP
  • Florida: I-595 Corridor Roadway Improvements, Miami Intermodal Center, and Port of Miami
  • Louisiana: LA 1
  • Maryland: Intercounty Connector
  • Nevada: Reno Rail Corridor
  • New York: Staten Island Ferries
  • North Carolina: Triangle Expressway
  • Puerto Rico: Tren Urbano
  • Rhode Island: Warwick Intermodal Station
  • South Carolina: Cooper River Bridge
  • Texas: Central Texas Turnpike, IH 635 Managed Lanes, North Tarrant Express, SH 130 Corridor, and US 183-A Turnpike
  • Virginia: Capital Beltway HOT Lanes and Pocahontas Parkway/Richmond Airport Connector