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Find similar grantsPage states the NOFO was announced March 11th with applications due May 10th and an informational webinar March 21st, but no year is given for any of these dates, so currency of the deadline cannot be confirmed.
Innovative Finance and Asset Concession Grant Program is sponsored by U.S. Department of Transportation. Assists public entities in facilitating and evaluating public-private partnerships and exploring innovative financing for transportation infrastructure projects.
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gov Maintenance Calendar Innovative Finance and Asset Concession (IFAC) Grant Program Department of Transportation 69A345 Office of the Under Secretary for Policy Document Type:Grants Notice Funding Opportunity Number:DOT-OST-2025-0033 Funding Opportunity Title:Innovative Finance and Asset Concession (IFAC) Grant Program Opportunity Category:Discretionary Opportunity Category Explanation: Funding Instrument Type:Cooperative Agreement Category of Funding Activity:Transportation Expected Number of Awards: Assistance Listings:20.
945 -- Asset Concessions and Innovative Finance Assistance Cost Sharing or Matching Requirement:Yes Last Updated Date:Aug 12, 2025 Original Closing Date for Applications:Oct 01, 2025 Current Closing Date for Applications:Oct 01, 2025 Archive Date:Oct 31, 2025 Estimated Total Program Funding: Eligible Applicants:Native American tribal governments (Federally recognized) City or township governments Special district governments Additional Information on Eligibility: ## Additional Information Agency Name:69A345 Office of the Under Secretary for Policy Description:The purpose of this notice is to solicit applications for the Innovative Finance and Asset Concession (IFAC) Grant Program (the Program).
Up to $45.
98 million will be awarded on a competitive basis to assist eligible public entities in facilitating and evaluating public-private partnerships 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 2024, 2025, and 2026. 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.
Link to Additional Information:[](https://www. grants. gov/search-results-detail/360279) Grantor Contact Information:If you have difficulty accessing the full announcement electronically, please contact: #### Health & Human Services * Frequently Asked Questions ## Your session will expire in 3 minutes.
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According to the current listing, eligibility includes: Public entities involved in transportation infrastructure. Confirm the full requirements in the official notice before applying.
Innovative Finance and Asset Concession Grant Program is funded by U.S. Department of Transportation. Verify program details on the funder's official page before applying.
Yes — this listing is flagged as national in scope, so applicants across the U.S. may apply, subject to the sponsor's other eligibility criteria.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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