U.S. Transportation Secretary Removes Financing Policy Roadblock
The U.S. Department of Transportation has updated its TIFIA loan policy to allow all eligible transportation projects to finance up to 49% of their costs, removing the previous 33% cap for most projects. This change, supported by data analysis and successful pilot programs, aims to accelerate infrastructure delivery, lower financing costs, and reduce reliance on federal grants. The streamlined policy also simplifies the loan process while maintaining shared risk with non-federal partners.
