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 $165 million in grants and loans to highly competitive transportation projects that have enhanced mobility and driven economic development in local communities throughout Georgia.

GTIB awards for 2021 were announced at the SRTA Board of Directors meeting on February 25, 2021. Click here for a list of awards.

This round marked GTIB’s first-ever loan-only round of funding and resulted in the largest amount of loan funding in GTIB history.  These low-interest loans will help local communities throughout Georgia deliver projects more cost-effectively by procuring multiple project phases at once and/or accelerating project delivery thereby reducing the impact of inflation.

Although GTIB is not accepting grant and loan applications at this time, GTIB staff are always available to discuss potential projects and future funding availability.  Please contact for more information.

  • 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.