Your key resource for transportation strategies
With decades of leadership in government and private transportation management and strategic advisory experience, Strong Port Strategies is one of the nation’s leading authorities on maritime, aviation, rail, road and intermodal transportation. Our technical expertise and knowledge of Federal and State services, policies and assistance programs is unrivalled.
Ask Strong Port Strategies if your infrastructure or transportation project may be eligible for Federal or State assistance.
Federal and State Assistance Programs
Federal and State assistance comes in many forms. The most common ones are listed below. Strong Port Strategies can help you determine whether applying for Federal and State assistance programs is worth your time and expense.
“Your work with industry partners, as well as State and local government, assisted us in strengthening our transportation infrastructure, and meeting the economic and security needs of the Nation.”
Elaine L. Chao
Former U.S. Secretary of Transportation
Federal Loan Programs
Long term and low-interest Federal loans can be obtained for many port and transportation projects at a percentage of the cost of the project. The availability of some programs may be accelerated if you applied for certain Federal grant programs and were not selected.
Discretionary Grant Programs
Most Federal grants can only be awarded to public entities, however, public-private partnerships are often encouraged to apply.
PAB – Private Activity Bonds
PABs may be obtained by private entities when dedicated for highway and freight exchange projects. PABs provide special financial benefits such as tax-exempt status.
Formula Funds
State DOTs can award Federal funds for certain infrastructure projects using State funds received from the Federal government. Formula funds can be awarded as grants through certain State programs for transportation infrastructure improvement projects.