State Infrastructure Bank Announces Rural Project Program

Member for

1 year 2 months
February 12, 2024

The SC Transportation Infrastructure Bank announced a new Rural Project Program designed to allocate $250 million in financial assistance for eligible projects over 10 years. 

The first application period is March 18 to May 17. 

A rural project is:

  • located in a county with a population of 115,000 or less; or
  • in a county with a population between 115,000 to 200,000 if at least 75 percent of the project is outside a Metropolitan Planning Organization Study Area.

A project is not eligible if:

  • it is located in a county with an active Infrastructure Bank-assisted project.

There will be a workshop to discuss the Rural Project application process from 9:30 a.m. to noon March 1 at 955 Park St., Fifth Floor Auditorium, Columbia.

Please submit the number of people planning to attend from you organization by close of business Feb. 27 to hoganal@scdot.org. 

There is limited space. If you cannot attend in person,  questions and answers will be posted on the Bank’s website sometime after the meeting.

If you have questions, contact Jerri Butler at (803) 737-1225.