Resource Details

Transportation

State Infrastructure Bank (SIB) Program

The SIB has total assets of approximately $3 million, a portion of which is available for new loans at any particular time. An estimated $200,000 – $300,000 are made available for new loans each year from the repayment of existing loans. Loans are made at market interest rates unless a hardship exists, in which case a reduced rate may be granted by the Secretary of the Wisconsin Department of Transportation (WisDOT).

Eligibility

A county, city, village, town or other government entity, a private non-profit organization that is sponsored by an eligible community, or a Transit Commission may apply.

Top Benefits

  • Competitive loan and credit options to help communities finance eligible transportation projects
  • Applications are accepted on a continual basis
  • Loans are considered on a first-come, first-served basis, subject to available funds.

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