Opportunity Information: Apply for DOT OST 2025 0033
The Innovative Finance and Asset Concession (IFAC) Grant Program offers up to $45.98 million in competitive funding to support public entities in exploring and advancing public-private partnerships and innovative financing strategies for transportation infrastructure projects. Eligible projects include highways, transit systems, passenger and freight rail, ports, rural infrastructure, airports, and transit-oriented developments. Grants will be awarded using funds from fiscal years 2024 through 2026. To qualify, applicants must be public entities that own or manage assets suitable for development and that could potentially receive financing through the TIFIA program.
Apply for DOT OST 2025 0033
- The 69A345 Office of the Under Secretary for Policy in the transportation sector is offering a public funding opportunity titled "Innovative Finance and Asset Concession (IFAC) Grant Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 20.945.
- This funding opportunity was created on 2025-08-13.
- Applicants must submit their applications by 2025-10-01. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2025.)
- Each selected applicant is eligible to receive up to $2,000,000.00 in funding.
- Eligible applicants include: State governments, County governments, City or township governments, Special district governments, Native American tribal governments (Federally recognized).
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Apply for DOT OST 2025 0033
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