Transportation Infrastructure Finance and Innovation Act (TIFIA) Program (20.223)
Transportation Infrastructure Finance and Innovation Act (TIFIA) Program (Assistance Listing 20.223) is run by the Federal Highway Administration, part of the Department of Transportation. It awarded $27.1 million in 17 grants from fiscal 2021 to 2025, about $1.6 million per award on average. No funding opportunity is open on Grants.gov right now.
The typical award was $1.8 million. Half of the 17 awards fell between $1.5 million and $2.0 million, and they ranged from $454,842 to $2.0 million.
- Awarded, FY 2021 to 2025$27.1 million
- Grant awards17
- Typical award$1.8 million
- Awarded in FY 2025-$19,799
- Size rank1208 of 1824
- Type of assistanceDirect loans, guaranteed/insured loans
Key findings
- It is the 1208th largest of 1,824 federal grant programs by five-year awards.
- The 17 largest recipients received 100% of the money.
- Awards went to recipients in 11 states and territories.
What the program funds
To finance projects of national or regional significance by filling market gaps and leveraging substantial non-Federal and private co-investment. Transportation Infrastructure Finance and Innovation Act (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 USDOT provides Federal credit assistance to eligible highway, transit, passenger rail, intermodal freight (including access to seaports), surface transportation facilities at airports, rural infrastructure, and transit-oriented development projects.
Open opportunities
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year, so the funding history below shows what to expect.
Rules from the program listing
Who can apply
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.
What the money can and cannot pay for
Eligible projects include highway, transit, passenger rail, intercity bus vehicles and facilities, certain port facilities, surface transportation facilities at airports, rural infrastructure projects, transit-oriented development projects, and any other type of project that is eligible for grant assistance under Title 23 or Chapter 53 of Title 49 of the United States Code. Additionally, TIFIA credit assistance may be used to capitalize State Infrastructure Banks to fund rural infrastructure projects. TIFIA credit assistance is available in the form of either secured (direct) loans, loan guarantees, and standby lines of credit. Specific cost eligibility is determined by USDOT prior to approving a loan application.
Matching requirements
This program has no statutory formula. Matching requirements are necessary due to statutory limitations. A TIFIA loan cannot exceed 49% of total eligible project costs, and total Federal financial assistance (such as grants or a RRIF loan) cannot exceed 80% of total eligible project costs.MOE requirements are not applicable to this assistance listing.
Deadlines
Deadlines do not apply
Award range and average, in the agency's words
The minimum TIFIA credit assistance is approximately $3.3 million, though the smallest TIFIA loan to date has been $8.449 million. The largest single TIFIA loan was in the amount of $1.7 billion, though the maximum amount of any TIFIA loan is constrained by availability of budgetary resources.
Funding history and past recipients
From fiscal 2021 to 2025, Transportation Infrastructure Finance and Innovation Act (TIFIA) Program (20.223) awarded$27.1 million across 17 grant awards, an average of $1.6 million per award.
Who usually wins
State and local governments received 98% of the money, colleges and universities 1.7%.
| Recipient type | Awards | Amount | Share |
|---|---|---|---|
| State and local governments | 16 | $26.7 million | 98% |
| Colleges and universities | 1 | $454,842 | 1.7% |
By state
9 states have a page for this program: those that received at least $1 million or 10 awards.
| State | Awards | Amount |
|---|---|---|
| California | 5 | $8.7 million |
| Washington | 2 | $3.8 million |
| Florida | 2 | $2.7 million |
| Louisiana | 1 | $2.0 million |
| Maryland | 1 | $2.0 million |
| Nevada | 1 | $2.0 million |
| Georgia | 1 | $1.8 million |
| North Carolina | 1 | $1.8 million |
| New York | 1 | $1.0 million |
| New Mexico | 1 | $974,000 |
| Texas | 1 | $454,842 |