|
Financing the construction, operation and maintenance of public transportation systems involves many different types of funding sources, including Federal and non Federal grants, loans, and revenue sources. Different types of financing arrangements such as leases and public private partnerships have been used to fund the procurement of materials and activities.
The Federal Transit Administration participates in USDOT sponsored credit assistance programs, including the TIFIA (The Transportation Infrastructure Finance and Innovation Act) program and the State Infrastructure Bank program. These programs offer additional non-grant funding flexibility for transportation projects including direct loans, loan guarantees, lines of credit, and credit enhancement support such as bond insurance. The information in this section of the website can guide you to financing strategies appropriate to the particular situation in your area.
|
|
