Port of Kalama Comprehensive Plan



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BST Associates 

June 1, 2015 

Port of Kalama Comprehensive Plan 

Page 84 


access - are eligible for assistance. Each dollar of Federal funds can provide up to $10 in TIFIA 

credit assistance - and leverage $30 in transportation infrastructure investment. 

Key objectives of the TIFIA program are to: 

 



Facilitate projects with significant public benefits 

 



Encourage new revenue streams and private participation 

 



Fill capital market gaps for secondary/subordinate capital 

 



Be a flexible, "patient" investor willing to take on investor concerns about investment 

horizon, liquidity, predictability and risk 

 

Limit Federal exposure by relying on market discipline 



Major requirements include: 

 



Large surface transportation projects ($50M generally, $15M for intelligent 

transportation systems (ITS), $25M for rural infrastructure projects) 

 

TIFIA loan amount has historically been less than 33 percent of eligible costs and 



DOT requests that applicants provide a rationale for TIFIA loan requests of up to 49 

percent of costs (permitted by statute) 

 

Senior debt must be rated investment grade by two rating agencies, unless project 



cost is less than $75M 

 



Dedicated revenues for repayment 

 



Applicable Federal requirements, including but not limited to Civil Rights, NEPA, 

Uniform Relocation, Titles 23 and 49 

 

Public or private highway, transit, rail and port projects are eligible to apply for 



TIFIA assistance 

US Department of Homeland Security (DHS) 

The Port Security Grant Program (PSGP) provides approximately $100 million to help 

protect critical port infrastructure from terrorism, enhance maritime domain awareness, 

improve port-wide maritime security risk management, and maintain or reestablish maritime 

security mitigation protocols that support port recovery and resiliency capabilities. 

The vast majority of U.S. maritime critical infrastructure is owned and/or operated by State, 

local and private sector maritime industry partners. PSGP funds available to these entities are 

intended to improve port-wide maritime security risk management; enhance maritime domain 

awareness; support maritime security training and exercises; and to maintain or reestablish 

maritime security mitigation protocols that support port recovery and resiliency capabilities. 

PSGP investments must address U.S. Coast Guard identified vulnerabilities in port security and 

support the prevention, detection, response, and/or recovery from attacks involving improvised 

explosive devices (IED) and other non-conventional weapons. PSGP grant recipients and sub-

recipients may only use PSGP grant funds for the purpose set forth in the grant, and must be 

consistent with the statutory authority for the award. Grant funds may not be used for 

matching funds for other Federal grants/cooperative agreements, lobbying, or intervention in 

Federal regulatory or adjudicatory proceedings. In addition, Federal funds may not be used to 

sue the Federal government or any other government entity. 




BST Associates 

June 1, 2015 

Port of Kalama Comprehensive Plan 

Page 85 


U.S. Army Corps of Engineers (USACE) 

The USACE has two programs that may be useful to the Port, depending on the type of 

project: Section 103 (Small Beach Protection Projects) and Section 107 (Small Navigation 

Projects).  It is unknown whether either of these programs would apply to projects currently 

being considered by the Port. 

Section 103 of the 1962 River and Harbor Act (as amended) provides for design and 

construction of small projects (less than $2 million federal share) to restore and protect coastal 

shores from erosion caused by natural wave and current action.  The local sponsor's share is a 

minimum of 35% of the entire project. 

Section 107 of the 1960 River and Harbor Act (as amended) authorizes construction of small 

navigation projects such as channels, breakwaters, and jetties to insure safe and efficient use of 

the nation's navigable waterways.  Local sponsor's share ranges from 10% to 50% depending on 

the depth of the improvement.  Federal participation may not exceed $4 million for a project in 

any single locality.  This type of project is mainly geared toward commercial boat harbors and 

benefits from recreational use of the harbor may not exceed 50%. 

Economic Development Administration (EDA) Programs 

EDA loans fall into two categories:  Title I and Title IX.  Title I has approximately $16 to $17 

million for loans to a nine-state area.  Title IX Sudden and Severe Economic Distress (SSDS) 

could provide up to $12 million, but only for areas impacted by loss of jobs due to the spotted 

owl controversy. 

Projects at the $1 million level are generally fundable if they meet a strict set of criteria.  

Funds are based on creation of jobs, with an approximate limit of $10,000 per job created.  The 

Title I is a grant program generally providing around 50% of the project's cost.  Title IX is a 

grant program generally providing an amount not to exceed 75 % of the project’s cost. 

Both programs are similar to CERB in that they place high emphasis on local priorities 

(through the EDC) and job creation. 

Rural Economic and Community Development (RECD) Programs 

The RECD administers programs that may apply to non-recreational public improvements 

in the Port District.  The Community Facilities Direct Loan & Grant Program provides 

affordable funding to develop essential community facilities in rural areas.  An essential 

community facility is defined as a facility that provides an essential service to the local 

community for the orderly development of the community in a primarily rural area, and does 

not include private, commercial or business undertakings.  Eligible borrowers include public 

bodies, community-based non-profit corporations and federally-recognized tribes.  Eligible area 

include rural areas including cities, villages, townships and towns including Federally 

Recognized Tribal Lands with no more than 20,000 residents according to the latest U.S. Census 

Data are eligible for this program.   

Funds can be used to purchase, construct, and / or improve essential community facilities, 

purchase equipment and pay related project expenses.  These facilities may include health care 



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