MORPC recognizes that many of the programs available for funding transportation investments require communities to expend local funding before later applying for reimbursement, and moreover MORPC recognizes this can prohibit many communities from benefiting from these programs. These reimbursement-based programs include MORPC MPO Funding, Ohio Public Works Commission Funding, and LinkUS Transit Supportive Infrastructure (TSI) Funding among many others.
The Central Ohio Advance Fund seeks to mitigate this issue for Central Ohio communities when implementing transportation infrastructure projects. More specifically, this fund aims to alleviate cash flow challenges faced when implementing a project with funding from a reimbursement-based grant program. Successful applicants to the Central Ohio Advance Fund will be provided with the working capital necessary to advance transportation infrastructure projects while awaiting reimbursement from a granting agency.
This program is explained in greater detail in Policies for Managing the Central Ohio Advance Fund adopted in November of 2026.
Application Information
Applications are set to open in December of 2026. A link to the application will be made available here.
Helpful Information for Applicants
The Policies for Managing the Central Ohio Advance Fund outline an ongoing administrative fee rate which will be accessed on all Advance Agreements, set based on market factors by MORPC. The current ongoing administrative fee rate is 4.1%.
Successful Applicants to the Central Ohio Advance Fund will be asked to execute an Advance Agreement with MORPC. This agreement includes the terms outlined in the Policies. A template Advance Agreement will be made available here.