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Virginia Regulatory Town Hall
Agency
Department of Transportation
Guidance Document Information
Title The Virginia Transportation Infrastructure Bank: Program Overview, Guidelines and Selection Criteria
Document ID VTIB-1
Summary This document describes the policies and procedures under which the Virginia Transportation Infrastructure Bank (VTIB) will be administered. The VTIB is a special non-reverting, revolving loan fund that is a sub-fund of the Transportation Trust Fund. Monies deposited into the VTIB are to be used for making loans and other financial assistance to localities, private entities and other eligible borrowers and grants to localities to finance transportation projects. Monies loaned from the VTIB are to be repaid, with interest, to provide loans, grants and credit assistance to additional projects.
Latest Revision 10/1/2011
pdf View document text     Posted On 12/3/2014                 Document on Town Hall
Explanation or Citations Section 33.2-1500 et seq., Code of Virginia

This document applies to all chapters for the following boards
[24 VAC 30] Commonwealth Transportation Board


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