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 $125 million in grants and loans to highly competitive transportation projects that have enhanced mobility and driven economic development in local communities throughout Georgia.

SRTA is pleased to announce that funding will be available in 2019!  Applications will be accepted from August 15th through November 1st.  Awards are expected to be announced in March 2020. 

Here’s What’s New for 2019:

  • Preferred Applications:
    • Loans and loan/grant combinations (for the same project)
    • Grants providing significant matching funds and economic development benefits
      • Applicants low on matching funds should consider requesting a loan which counts as match for the grant
  • GTIB loan awardees will no longer accrue interest in the draw down phase. Loan awardees will pay less interest than ever when repaying loans according to their agreed upon schedule.
  • Applications have been revised slightly to streamline information requests.

Consistent with our previous round of funding, applicants applying for both a loan and grant for the same project may continue to do so with one application and will only pay one fee.   In addition, hard copy submittals of applications are no longer required.  GTIB reserves the right to request hard copies of materials on an as needed basis.


Up to $25 million will be awarded.

  • Click on “Apply for a GTIB Loan,” “Apply for a GTIB Loan & Grant,” 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 takes most applicants 8-40 hours of total staff time to develop and submit an application). 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).
  • 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/Applicantmeans 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 Costsare 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 Projectsare 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.

GTIB interest rates are tied to the GEFA Georgia Fund rates.  Rates will be determined at the time the application is submitted.  Applicants selecting a repayment timeframe between the interest rates 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 2019 are as follows:

  • 5-Year Loan 1.41%
  • 10-Year Loan 1.56%
  • 15-Year Loan 2.07%
  • 20-Year Loan 2.44%

Historically, grant funding is more competitive than loan funding.  Since inception, 47% of grants have been approved while 90% of loans have been approved.  Loans are given preference for funding and applicants are strongly encouraged to apply for loans or a loan and grant for the same project.

  • 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.

Projects do not have to meet all of the above criteria to be considered for award but those that do will be the most competitive for grants. Projects that address one or only a few of these criteria are better candidates for loans.

  • Provide an easily understandable process that is fast, predictable, and reliable from application to reimbursement.
  • GTIB staff may reach out to applicants between the application submission and the expected award date in February 2020 to request additional information.
  • GTIB expects to notify applicants of awards no later than February 2020. 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 schedule to begin drawing down funds. If a loan awardee desires to draw down funds immediately, loan contracts will be prioritized above grants and sent to awardees as quickly as possible.
  • GTIB averages 14 days to process valid reimbursement requests.

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