
TIFIA Project Oversight and Credit Monitoring Guidance SCATnow Fhwa Dot Form
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People also ask
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What does Tifia stand for?
The Transportation Infrastructure Finance and Innovation Act (TIFIA) program provides Federal credit assistance in the form of direct loans, loan guarantees, and standby lines of credit to finance surface transportation projects of national and regional significance.
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What is the lending capacity of TIFIA?
The TIFIA program currently has over $70 billion dollars in lending capacity. As of January 2024, the program offers interest rates as low as 4.11 percent. Qualified Project Requirements.
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How much does TIFIA cost?
TIFIA Program Fees Fee may vary signNowly depending on the complexity of the project. Borrowers must pay an annual Loan Servicing Fee, due by November 15, of approximately $13,000. DOT may also charge a Monitoring Fee as defined in the credit agreement (to date this fee has not been charged).
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What is the Fact sheet of TIFIA?
The TIFIA program provides Federal credit assistance to nationally or regionally signNow surface transportation projects, including highway, transit and rail. The program is designed to fill market gaps and leverage substantial private co-investment by providing projects with supplemental or subordinate debt.
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What is the TIFIA program?
The Transportation Infrastructure Finance and Innovation Act (TIFIA) program provides Federal credit assistance in the form of direct loans, loan guarantees, and standby lines of credit to finance surface transportation projects of national and regional significance.
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