Georgia Officials Announce $15 Million in Funding for Transportation Projects

Nov. 15, 2023
Since 2010, the GTIB program has provided $200 million in loans and grants for the state

The Georgia State Road and Tollway Authority (SRTA) announced that up to $15 million in funding was available to use for transportation projects throughout the state. The $15 million is a combination of loan and grant funding.

Opportunities to apply for the funds began on Nov. 1 and will close on Jan. 25, 2024.

Jannine Miller, the Transit Authority executive director said the Georgia Transportation Infrastructure Bank's (GTIB) loan and grant programs are a catalyst for developing infrastructure and have been since their start in 2010.

“The GTIB program enhances mobility and contributes to economic prosperity in local communities throughout Georgia,” Miller said. “This funding option can enable local governments to accelerate project completion by removing financial roadblocks, delivering mobility benefits to the public sooner.”

The SRTA will work with the Georgia Department of Transportation (GDOT) to provide further funding programs to local governments beginning in 2024.

Since 2010, the GTIB program has provided $200 million in loans and grants for the state.

--------------------------------------------------------------

Source: WSBTV.com

Sponsored Recommendations

The Science Behind Sustainable Concrete Sealing Solutions

Extend the lifespan and durability of any concrete. PoreShield is a USDA BioPreferred product and is approved for residential, commercial, and industrial use. It works great above...

Proven Concrete Protection That’s Safe & Sustainable

Real-life DOT field tests and university researchers have found that PoreShieldTM lasts for 10+ years and extends the life of concrete.

Revolutionizing Concrete Protection - A Sustainable Solution for Lasting Durability

The concrete at the Indiana State Fairgrounds & Event Center is subject to several potential sources of damage including livestock biowaste, food/beverage waste, and freeze/thaw...

The Future of Concrete Preservation

PoreShield is a cost-effective, nontoxic alternative to traditional concrete sealers. It works differently, absorbing deep into the concrete pores to block damage from salt ions...