With a growing population and ever-expanding economy, the demand for transportation infrastructure has far outpaced the resources.
Fortunately, the State Legislature has helped to put in place financing tools both at the state and local levels to assist local governments with transportation projects. TxDOT is available as a resource to local governments to explore these available options.
State Infrastructure Bank Loans
The State Infrastructure Bank (SIB), a state program, is a revolving loan fund administered by the Texas Transportation Commission and TxDOT. The SIB offers borrowers favorable terms to make roadway improvements. Projects may be tolled or non-tolled.
Visit the SIB loan program page for more details and application materials.
Transportation Reinvestment Zones
A Transportation Reinvestment Zone (TRZ) is an innovative financing mechanism that can be set up at the city or county level for transportation projects.
Visit the TRZ information page or call (512) 463-5369 for more information.