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Section 350 of the National Highway System Designation Act of 1995 (Public Law 104-59) established a pilot program to create up to ten State Infrastructure Banks (SIB). Using Federal dollars, pilot States were permitted to establish a leveraging program or create a simple revolving...
A State Infrastructure Bank (SIB) is a revolving fund that is established and operated by a State (usually a State Department of Transportation Office). It has the capacity to offer direct loans and various types of credit enhancement products to surface transportation infrastructure...
In 2008 and 2009, FTA and the National Council of Public-Private Partnerships (NCPPP) held eight workshops across the country to introduce, educate, and provide information on public-private partnerships (PPPs) to public and private sector actors. The workshops also provided a common place to...
Debt service reserves are cash assets that are designated by a borrower to ensure full and timely payments to bond holders. Debt Service Reserve Funds (DSRF) have been used for many years by private businesses and public entities to support debt issues.
The reserve funds provide...
The "American Recovery and Reinvestment Act, 2009'' (Pub. L. 111-5; "ARRA''), signed into law by President Barack Obama on February 17, 2009, includes $8.4 billion for transit capital improvements. The Federal Register notice of March 5, 2009 (Volume 74, Number 42)[PDF] [Text]...
The following is an extract from the FTA Fiscal Year (FY) 2009 Apportionments, Allocations, and Program Information; Notice published in the Federal Register, Dec. 18, 2008, Vol. 73, No. 244.
Division A of the Consolidated Security, Disaster Assistance, and Continuing...
April 27, 2009
The following is an extract from the FTA Supplemental Fiscal Year 2009 Apportionments and Allocations published in the Federal Register, April 30, 2009, Vol. 74, No. 82 [PDF version of Federal Register]. Below are the detailed apportionment...
The following is an extract from the FTA Fiscal Year 2010 Apportionments, Allocations and Program Information published in the Federal Register, February 16, 2010, Vol. 75, No. 30 (PDF) [Federal Register text version].
This notice apportions or allocates available FY 2010...
Please note that minor formatting errors within tables were published with Federal Register, May 13, 2010, Volume 75, No. 92 which may be confusing. See Errata Notification (MS Word). Please reference the Excel spreadsheets below for complete information on FTA Supplemental...