Nevada State Infrastructure Bank Financing Application

Nevada State Infrastructure Bank Financing Application is sponsored by Nevada State Infrastructure Bank. The Nevada State Infrastructure Bank provides low-cost financing to Nevada state agencies, local governments, Tribal governments, and non-profit organizations for priority infrastructure projects.

SIBs - Build America Center State Infrastructure Banks Welcome to the State Infrastructure Bank (SIB) Knowledge Hub, a comprehensive resource designed to support and inform stakeholders about the impactful role of State Infrastructure Banks in funding and accelerating infrastructure projects across the United States.

This platform serves as a central repository for information, guidance, and real-world applications of SIB funding mechanisms. State Infrastructure Banks are innovative financial institutions created by states to provide low-cost, flexible financing for transportation projects.

By offering a range of financial assistance options such as loans, credit enhancements, and other financing mechanisms, SIBs help bridge the gap between the need for critical infrastructure improvements and the availability of traditional funding sources.

SIB Legal and Regulatory Framework Status of State Infrastructure Banks Report May 2025 SIB Symposium Presentation Slides Our Knowledge Hub showcases a series of case studies that highlight the diverse and dynamic ways in which SIBs have successfully supported infrastructure projects.

These case studies provide insights into the strategies, outcomes, and lessons learned from various SIB-funded projects, offering valuable perspectives for policymakers, financial experts, and project managers.

Explore the links below to learn more about each project and the role of SIBs in their realization: State Description Texas SIB The overall goal of the Texas State Infrastructure Bank (SIB) program is to provide innovative financing methods designed to expand available funding for transportation projects to assist communities in meeting their infrastructure needs and maximize private and local participation in the financing of projects.

The SIB was established in 1997 pursuant to State legislation, following the selection of Texas as one of the 10 original States to participate in the National Highway System Act pilot program.

Pennsylvania SIB The Pennsylvania Infrastructure Bank (PIB), which is administered by the Pennsylvania Department of Transportation, has become an important resource in the Commonwealth for advancing aviation, highway/bridge, rail freight, and transit projects.

The PIB provides low-interest loans to help fund vital transportation projects, accelerating priority projects that may otherwise have not been funded and saving borrowers millions of dollars.

Oregon SIB The Oregon Transportation Infrastructure Bank (OTIB) is a statewide revolving loan fund designed to promote innovative financing solutions for transportation needs, leverage additional funds for infrastructure, and encourage innovative financing techniques to further Oregon’s livability and economic competitiveness.

Oregon’s program has been focused on small communities and rural communities to support and advance Federal-aid projects. Ohio SIB The Ohio State Infrastructure Bank (SIB) Program was authorized by the Ohio State Legislature in 1996, following Ohio’s selection as one of the 10 original SIB pilots authorized by the National Highway System Act of 1995.

The mission of the SIB is to maximize the use of Federal and State funds through direct loans to fund eligible projects that contribute to the connectivity of Ohio’s transportation system and further goals such as corridor completion, economic development, competitiveness in a global economy, and quality of life.

Florida SIB The Florida State Infrastructure Bank (SIB) was established in 1997, following the selection of Florida as one of the original 10 National Highway System SIB pilot States, with the goal to leverage funds through loans and credit enhancement assistance to improve project feasibility.

The SIB has become an important financial tool to accelerate the delivery of critical transportation projects, generate economic benefits, and encourage increased local and private participation in transportation projects. Georgia SIB The Georgia Transportation Infrastructure Bank (GTIB) is a grant and low-interest loan program administered by the State Road and Tollway Authority (SRTA).

Since inception, GTIB has provided over $216 million in loans and grants to highly competitive transportation projects that have enhanced mobility and driven economic development in local communities throughout Georgia. South Carolina SIB South Carolina Transportation Infrastructure Bank Act was signed on June 26, 1997.

The purpose of the act was to focus greater attention on larger transportation projects, and thereby allow SCDOT to devote resources to other important transportation projects.

The purpose of the bank is to select and assist in financing major qualified projects by providing loans and other financial assistance to constructing and improving highway and transportation facilities necessary for public purposes including economic development.

New Jersey SIB The New Jersey Infrastructure Bank is an independent State Financing Authority responsible for providing and administering low-interest rate loans to qualified municipalities, counties, regional authorities and water purveyors in New Jersey for the purpose of financing local transportation, resilience, and water quality related infrastructure projects.

The I-Bank’s mission is to finance projects that enhance ground and surface water resources, ensure the safety of drinking water supplies, protect public health, promote resilience, reduce roadway congestion, improve highway safety and contribute to New Jersey’s economic well-being and its role as a critical channel for commerce.

SIB Legal and Regulatory Framework State Organization Legislation California The Bergeson-Peace Infrastructure and Economic Development Bank Act Colorado CO SIB Statue Alabama Alabama SIB Statute Arizona Arizona SIB Statute Florida Florida SIB Statute Georgia Georgia SIB Statute Kansas Kansas SIB Statute Louisiana Louisiana SIB Statute. pdf Maine Maine SIB Statute. pdf Minnesota Minnesota SIB Statute.

pdf Missouri Missouri SIB Loan Authority Documentation. pdf Nevada Nevada State Infrastructure Bank New Hampshire New Hampshire SIB Statutes. docx New Jersey New Jersey SIB Authority.

pdf North Carolina NC State Infrastructure Bank Study. (Public) Ohio Ohio SIB Statutes. docx Oregon Oregon SIB Statute.

pdf Pennsylvania Pennsylvania SIB Statutes. docx South Carolina South Carolina SIB Statutes. pdf Texas Texas SIB Statutes.

docx Utah Utah SIB Statutes. pdf Vermont Vermont SIB Statutes. docx Wisconsin Wisconsin SIB Statutes.

pdf Introduction to State Infrastructure Banks This webinar delves into the benefits and opportunities provided by State Infrastructure Banks (SIBs) in advancing transportation projects. Attendees learned how SIBs can offer flexible financing options, such as low-interest loans and credit enhancements, to accelerate project timelines and attract additional investment.

The session also explored the evolving landscape of SIBs, highlighting their ability to recycle funds for future projects and align with state and federal transportation goals. Participants gained a deeper understanding of how SIBs can serve as a powerful tool to stretch public funds and drive infrastructure development.

Learning from State-Funded SIBs: Strategies for Effective Operations and Outreach Featuring insights from David Zimmer of the New Jersey Infrastructure Bank and Scott Wu of the California Infrastructure and Economic Development Bank, this session highlights strategies for successful SIB operations, effective stakeholder engagement, and innovative outreach approaches.

Whether you’re launching a new SIB or looking to strengthen existing programs, this webinar offers valuable perspectives from experienced leaders in the field.

State Infrastructure Banks: Unlocking Flexible Finance for Transportation Projects This webinar introduces SIBs to a general audience, explains how they work, and shares real-world examples of how states are using them to accelerate project delivery, support rural investment, and creatively match federal funds.

It explores findings from a new national report and symposium on the current SIB landscape, including innovations like toll credit financing and strategies for increasing program visibility. Status of State Infrastructure Banks Report The Build America Center, in partnership with Rebel, has released a new report titled Status of Major State Infrastructure Banks: Overcoming Challenges and Leveraging Successes .

This publication provides a comprehensive review of federally-capitalized State Infrastructure Banks (SIBs), identifying persistent barriers to utilization as well as the strategies that have enabled high-performing SIBs to thrive.

Drawing on data analysis and interviews with six SIBs, the report outlines key operational trends, such as staffing capacity, marketing limitations, and the trade-offs posed by alternative funding sources like grants. It also highlights best practices—including the importance of staff expertise, effective outreach, gap financing strategies, and simplified loan processes—that have driven success in states like Texas, Florida, and Ohio.

This research is a valuable resource for state DOTs, policymakers, and transportation finance professionals seeking to better understand how SIBs can support modern infrastructure goals. To read the full report, click the link below: May 2025 SIB Symposium Presentation Slides The State Infrastructure Banks (SIB) Symposium was held on May 21, 2025, at the Texas Department of Transportation (TxDOT) Headquarters in Austin, TX.

Hosted by the Build America Center and generously supported by TxDOT, the symposium convened over 30 public-sector leaders from across the country to explore the evolving role of SIBs in financing and accelerating transportation infrastructure. The event featured presentations, roundtable discussions, and collaborative sessions that highlighted both ongoing challenges and innovative practices reshaping the future of SIBs.

Below are a few of the featured presentations: This website is based upon work supported by the Federal Highway Administration under Agreement No. – 693JJ32250002. Any opinions, findings, and conclusions or recommendations expressed in this website are those of the Author(s) and do not necessarily reflect the view of the Federal Highway Administration.

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