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 $151 million in grants and loans to highly competitive transportation projects that have enhanced mobility and driven economic development in local communities throughout Georgia.

GTIB will accept applications for up to $10 million in loan funding starting September 1, 2020 through October 23, 2020.   Awards are expected to be announced in the first quarter of 2021.   Applicants will need to complete and submit a loan application and the financial documentation form which can be downloaded below.

New for 2020 loans can be repaid with LMIG funds.  If this option is chosen the repayment must be matched as required by Georgia Code.  Accordingly, loan awardees in regions that passed the Transportation Investment Act (TIA) of 2010 must provide at least a 10% match.  Loan awardees in regions that did not pass TIA must provide at least a 30% match.

  • Preferred applications for this round of funding are those that meet some or many of the below investment objectives (applications do not have to meet all):
    • Demonstrate a high degree of local commitment (e.g., matching funds)
    • Drive economic development and improve mobility
    • Include innovative solutions
    • Close to construction
    • Demonstrate feasibility
  • GTIB will also give preference to applications showing that GTIB funds will allow a project to remain on track/schedule (e.g., GTIB funds fill budget gaps, help retain federal funds, etc.)

Click here for loan guidelines

Click here to download a loan application

Click here to download the loan financial documentation form


Please note grant applications will not be accepted this round.  Please contact David Cassell at if you have any questions.

  • Eligible Applicants include local, regional and state government entities in Georgia, including CIDs. 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. Expenses incurred prior to the contract effective date cannot be reimbursed by GTIB unless such expenses are expressly authorized in advance and in writing by GTIB.
  • 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. Don’t know if your project’s eligible?  Call us at 404-893-6186.
  • 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:
    • Demonstrate a high degree of local commitment (e.g., matching funds, inclusion in local, regional and/or state plans).
    • Address critical local and state transportation needs including economic development and mobility.
    • 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.

GTIB interest rates are tied to the Georgia Environmental Finance Authority’s (GEFA) Georgia Fund rates.  Rates will be determined at the time the application is submitted.  Applicants selecting a repayment timeframe between the interest rate periods below will be assigned the higher interest rate.  For example, an applicant requesting a 7-year repayment period would be assigned the 10-year interest rate of 1.56%.  Interest rates as of July 2020 are as follows:

  • 5-Year Loan            0.21%
  • 10-Year Loan          0.52%
  • 15-Year Loan          1.22%
  • 20-Year Loan          1.63%

If interest rates increase by the time an applicant applies for a loan, the rates above will apply.  If rates decrease by the time an applicant applies, the new, lower rates will be applied.

  • GTIB staff may reach out to applicants between the application submission and the expected award date to request additional information.
  • GTIB expects to notify applicants of awards in the first quarter of 2021. All applicants will be contacted regardless of award status.
  • Loan 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, loans can be set up for reimbursement within 4-5 months from announcement.
  • GTIB averages 14 days to process valid reimbursement requests.