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Innovative Finance and Asset Concessions Grant Program
Due: May 10, 2024
DOT-DOT X-50
$2,000,000
Description
The purpose of this notice is to solicit applications for the Innovative Finance and Asset Concession Grant Program (IFACGP or the Program). Up to $57.72 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 proje...
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Estimated Total Program Funding
$57,720,000
Expected Number of Awards
45
Award Ceiling
$2,000,000
Eligible Applicants
- State governments
- County governments
- City or township governments
- Special district governments
- Native American tribal governments (Federally recognized)
Funding Type
Cooperative Agreement
Categories of Funding Activity
- IIJ
- Transportation
Opportunity Type
Discretionary
Grantor Contact Information
Email
Grantor Email
maritza.pechin@dot.gov
Other Grantor Informaiton
Maritza Pechin Innovative Finance and Delivery Lead 202-941-7491
Additional information
Website
Supporting Link
https://www.transportation.gov/buildamerica/innovativefinancegrants
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