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. |
| Effective Date |
9/1/2016 |
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Posted On 12/12/2022
External Link
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| Explanation or Citations |
Section 33.2-1500 et seq., Code of Virginia |
This document applies to all chapters for the following boards
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