A final update to this content was completed in March 2022.
Federal Credit Assistance
- The Transportation Infrastructure Finance and Innovation Act (TIFIA)
Provides Federal credit assistance in the form of direct loans, loan guarantees, and standby lines of credit to finance surface transportation projects of national and regional significance.
- State Infrastructure Banks (SIBs)
Allow states to capitalize revolving loan funds with regularly apportioned Federal-aid highway funds.
- The Railroad Rehabilitation and Improvement Financing (RRIF) Program
Provides direct Federal loans and guarantees to support the development of railroad infrastructure.
- Section 129 Loans
Federal participation in a state loan to support projects with dedicated revenue streams such as tolls, excise taxes, sales taxes, and others.
Section 129 Loans
Section 129 of Title 23 allows Federal participation in a state loan to support projects with dedicated revenue streams including tolls, excise taxes, sales taxes, real property taxes, motor vehicle taxes, incremental property taxes, or other beneficiary fees.
Section 129 loans are managed by the FHWA Center for Innovative Finance Support. View additional information on: