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Find similar grantsBuild America Bureau for Innovative Project Financing is sponsored by U.S. Department of Transportation. Provides credit assistance and innovative financing solutions for transportation projects.
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Notice of Funding Opportunity: Innovative Finance and Asset Concession Grant Program Notice of Funding Opportunity: Innovative Finance and Asset Concession Grant Program U.S. Department of Transportation sent this bulletin at 08/13/2025 09:35 AM EDT Having trouble viewing this email? View it as a Web page . Bureau Bulletin Brief: August 13, 2025 Notice of Funding Opportunity: Innovative Finance and Asset Concession Grant Program $45.
98 Million Now Available – Applications Due October 1, 2025 Today, the U.S. Department of Transportation's Build America Bureau (Bureau) announced a Notice of Funding Opportunity (NOFO) for the Innovative Finance and Asset Concession Grant Program (IFAC) making up to $45.
98 million available to help public entities scan their existing assets to unlock their value and explore innovative financing, alternative delivery, and public-private partnership opportunities. Grants up to $2 million are available, with the first million requiring no local match. Two types of grants are available under the program: Technical Assistance Grants and Expert Services Grants.
Applicants can apply for either type of grant but must choose one for this round of funding. Applications must be submitted through grants. gov , and are due October 1, 2025, at 11:59 p.
m. ET. The Build America Bureau will hold a free informational webinar for interested applicants on August 27, 2025, at 2:00 p.
m. ET. Register for the webinar .
Participation is not required, but is strongly recommended for applicants to learn more about the program and its requirements. For accommodations, please contact InnovativeFinanceTA@dot. gov by August 20, 2025.
The recording and a copy of the presentation slides will be posted to IFAC’s webpage following the event. The Build America Bureau advances investment in transportation infrastructure by lending Federal funds to qualified borrowers; clearing roadblocks for credit worthy projects; and encouraging best practices in project planning, financing, delivery, and operations.
The Bureau draws on expertise across DOT to serve as a point of coordination for states, municipalities, private partners, and other project sponsors seeking federal financing and technical assistance. If you are interested in exploring federal financing with the Build America Bureau, please contact us at BuildAmerica@dot. gov .
Questions for DOT? Contact DOT
According to the current listing, eligibility includes: State and local governments, transit agencies, and other eligible entities. Confirm the full requirements in the official notice before applying.
Build America Bureau for Innovative Project Financing is funded by U.S. Department of Transportation. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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