Department of Transportation, Departmental  

  • State Infrastructure Bank (SIB)

    NOTICE IS HEREBY GIVEN that the Florida Department of Transportation (FDOT) is advertising the application and award cycle for the State Infrastructure Bank (SIB) Program. The SIB is a revolving loan and credit enhancement program that can provide loans and other assistance to public and private entities carrying out or proposing to carry out projects eligible for assistance under federal and state law. The SIB can leverage funds through loans and credit enhancements to improve project feasibility. Loans may bear interest at or below market interest rates. The SIB cannot provide assistance in the form of a grant. For further information, visit the SIB website at or contact: Jennifer G. Weeks, SIB Program Manager, Florida Department of Transportation, Office of Financial Development, 605 Suwannee Street, Tallahassee, FL 32399-0450, (850)414-4459 or jenniferg.weeks@dot. Application and award dates are preliminary and subject to change. Open for Applications: July 1, 2011; Closed for Applications: August 31, 2011; Tentative Awards Announced: October 21, 2011.

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