What types of entities are eligible to apply for TIFIA credit instruments?
Public or private entities seeking to finance, design, construct, own, or operate an eligible surface transportation project may apply for TIFIA assistance. Examples of such entities include state departments of transportation; local governments; transit agencies; special authorities; special districts; railroad companies; and private firms or consortia that may include companies specializing in engineering, construction, materials, and/or the operation of transportation facilities. All applicants must demonstrate relevant experience, strong qualifications, a sound project approach, and financial stability, as each of these items ultimately has bearing on the project’s creditworthiness. Applicants also must meet various Federal standards as well as modal-specific requirements among other factors to receive TIFIA credit enhancements.
