Innovative Finance and Asset Concessions Grant Program

The purpose of this notice is to solicit applications for the Innovative Finance and Asset Concession Grant Program (IFACGP or the Program).

Up to $5 7. 72 million will be awarded on a competitive basis to assist eligible public entities in facilitating and evaluating public-private partnerships

credit:


and exploring opportunities for innovative financing and delivery for eligible transportation infrastructure projects, including highway, transit, passenger rail, certain freight facilities, certain port projects, rural infrastructure projects, airports, and transit-oriented development projects.

This notice will award funding from Fiscal Years 2022, 2023, and 202 4. Eligible applicants for this Program are public entities that own, control, or maintain assets that could be developed into enhanced assets.

Eligible assets are those activities that would reasonably be deemed eligible to receive a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan through the Bureau.

Agency: Department of Transportation

Office: 69A345 Office of the Under Secretary for Policy

Estimated Funding: $57,720,000





Obtain Full Opportunity Text:
Website

Additional Information of Eligibility:
Other Eligible Applicants include the following: Foreign (non-U.S.) components of U. S. Organizations are allowed.



Full Opportunity Web Address:
https://www.transportation.gov/buildamerica/innovativefinancegrants

Contact:


Agency Email Description:
Email

Agency Email:


Date Posted:
2024-03-08

Application Due Date:


Archive Date:
2024-06-12


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Edited by: Michael Saunders

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