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The Official Web Site of the State of South Carolina

ANNOUNCING NEW RURAL PROJECT PROGRAM

APPLICATION ROUND OPENS

MARCH 18, 2024 THROUGH MAY 17, 2024

Dreher Shoals Ravenel Bridge Carolina Bays

South Carolina Transportation Infrastructure Bank

South Carolina Transportation Infrastructure Bank Act was signed on June 26, 1997.

Purpose of Act: To focus greater attention on larger transportation projects, and thereby allow SCDOT to devote resources to other important transportation projects.

Purpose of Bank: To select and assist in financing major qualified projects by providing loans and other financial assistance … for constructing and improving highway and transportation facilities necessary for public purposes including economic development.