The Georgia Transportation Infrastructure Bank (GTIB) is a grant and low-interest loan program administered by the State Road and Tollway Authority (SRTA). Since inception, GTIB has provided over $106 million in grants and loans to highly competitive transportation projects that have enhanced mobility in local communities throughout Georgia.

SRTA is pleased to announce that funding will be available in 2018! Applications were accepted from January 22nd through March 22nd and are currently under evaluation. Awards are expected to be announced in June.

Here’s What’s New for 2018:

  • LMIG may be used as match and repayment source for loans that address closed, posted, temporarily shored and/or deficient bridges. Click here for more details on bridges that are eligible.  Consistent with past practice, LMIG will not count as match for grants nor will it count as match nor be permitted to repay loans other than for qualified bridge projects.
  • Applications have been revised slightly to streamline information requests. All required documents are also called out in the checklist section.
  • Applicants applying for both a loan and grant for the same project may now do so with one application and will only pay one fee.
  • Hard copy submittals of applications are no longer required.  GTIB reserves the right to request hard copies of materials on an as needed basis.

Read GTIB’s FY2017 annual report.


Total available funding for 2018 is approximately $13 million.

  • Make an additional funding resource available to government entities, particularly at the local level, in order to accelerate transportation project delivery.
  • Invest in projects that:
    • Address critical local and state transportation needs including economic development and mobility
    • Demonstrate a high degree of local commitment
    • Include innovative transportation solutions
    • Are close to the start of, at, or under construction
    • Demonstrate a high degree of feasibility
  • Provide an easily understandable process that is fast, predictable and reliable from application to reimbursement.

Eligible applicants include local, regional and state government entities in Georgia, including CID’s.  Projects must be motor-fuel-tax eligible (i.e., generally highways and bridges).  Eligible costs include preliminary engineering, right of way, and construction costs. See below for more detailed definitions.

Eligible Borrower/Applicant means a government unit; including a municipal corporation, county, community improvement district, including combinations of two or more of these entities, acting jointly to construct, own or operate a qualified project, or any other state authority, board, commission, agency, or department which may construct, own, or operate a qualified project. All eligible borrowers must apply for eligible projects.

Eligible Costs are costs related to preliminary engineering, traffic and revenue studies, environmental studies, right of way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project.

Eligible Projects are currently restricted to those roadway projects that satisfy the requirements of being motor-fuel tax eligible; as set forth in O.C.G.A. §32-1-1et seq

Historically, grant funding is more competitive than loan funding.  Since inception, 44% of grants have been approved while 81% of loans have been approved.

GTIB interest rates are tied to the cost of capital for the state and are similar to other state agencies that issue loans.  As an example, as of January 2018, the interest rate for a 20-year Georgia Environmental Finance Authority (GEFA) state loan is 2.39%.  Loan rates will be determined after award and will be based on applicable state rates at that time.   Loan rates will also be adjusted based on the agreed upon length of the loan (inclusive of spend-down period and loan term, maximum of 25 years).

  • Click on “Apply for a GTIB Loan” or “Apply for a GTIB Grant”, review the additional details, and click on the application link at the bottom.
  • Fill out an application and submit all required documents to (it takes most applicants 8-40 hours of total staff time to develop and submit an application). Note that loans must also include the Financial Documentation Form.
  • Mail the $250 application fee to SRTA (must be received within 2 weeks of submitting an electronic application).
  • GTIB staff may reach out to applicants between the application submission and the expected award date in June to request additional information.
  • GTIB expects to notify applicants of awards no later than June 2018. All applicants will be contacted regardless of award status.
  • Grant contracts will be sent out for signature along with associated closing documents within approximately 4 weeks of announcing awards. Awardees typically take 2-3 months to return all documents.  If this timeframe is met, grants can be set up for reimbursement within 4-5 months from announcement.  Loan processing time is contingent upon awardee’s desire to begin drawing down funds.
  • GTIB averages 14 days to process valid reimbursement requests.

For additional details and an application please refer to “Apply for a GTIB Grant” or “Apply for a GTIB Loan”.

June 2017 Project Awards