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.
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Source: WSBTV.com
