November 2022

Build America Bureau Launches TIFIA 49

This month, the Build America Bureau announced a new TIFIA 49 program to increase the amount of financing available for transit and transit-oriented development projects. The new program increases the amount of financing under the program to 49% of eligible project costs. For other types of transportation projects, the cap for TIFIA (which stands for the 1998 Transportation Infrastructure Finance and Innovation Act) will remain at 33% of eligible project costs.

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