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Find similar grantsState Infrastructure Bank Program is sponsored by Florida Department of Transportation. A loan and credit enhancement program supporting transportation-related infrastructure projects in Florida. It consists of federally and state-funded accounts.
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State Infrastructure Bank (SIB) - Transportation Loan Program State Infrastructure Bank (SIB) - Transportation Loan Program The goal of the State Infrastructure Bank (SIB) Program is to provide innovative financing tools to communities to assist them in meeting their infrastructure needs. The SIB program allows borrowers to access capital funds at or below-market interest rates.
The SIB operates as a revolving loan fund, where the account balance grows through the monthly interest earned and repaid principal and interest payments. In Texas, SIB financial assistance can be granted to any public or private entity authorized to construct, maintain, or finance an eligible transportation project. Program status : We are currently accepting applications.
Environmental requirements for SIB loans Interest rate information SIB education and sample documents Information for current borrowers SIB refinancing documents Typical SIB loan amount range (in millions) Projects leveraged to complete (in billions) State Infrastructure Banks (SIBs) were authorized in 1995 as a part of the National Highway Designation Act (NHS) to help accelerate needed mobility improvements through a variety of financial assistance options made to local entities through state transportation departments.
Since Texas was chosen as one of the ten states to test the pilot program, the state legislature authorized the Texas Department of Transportation (TxDOT) to administer the SIB program in 1997. Email Texas State Infrastructure Bank (SIB)
According to the current listing, eligibility includes: Transportation-related projects in Florida. Confirm the full requirements in the official notice before applying.
State Infrastructure Bank Program is funded by Florida Department of Transportation. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Florida. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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