20.223 — Transportation Infrastructure Finance and Innovation Act (TIFIA) Program/Infrastructure

Program Summary and Objectives
  • Federal Agency:  agency: department of transportation
    office: federal highway administration (fhwa)
  • Program Website: http://tifia.fhwa.dot.gov/ .
  • Authorization: 23 U.S.C. 601-609; 49 CFR 80.
  • Headquarters: Room 4310, 400 7th Street, S.W., Washington, DC 20590.

The TIFIA program's purpose is to finance projects of national or regional significance by filling market gaps and leveraging substantial non-Federal and private co-investment. TIFIA credit assistance is intended to facilitate the financing of projects that would otherwise have been significantly delayed because of funding limitations or difficulties accessing the capital markets. Through TIFIA, the DOT provides Federal credit assistance to eligible highway, transit, rail, and intermodal freight projects, including access to seaports.

Examples of Projects Funded

None.

Program Accomplishments

For FY 2007, as of March 31, 2007, one project loan in the amount of $516 million has been approved.

Program Obligations
(as compiled by Subsidyscope)

Direct Expenditures Over Time