The state Infrastructure Bank will wait to see whether lawmakers add more to the $300 million in the bank's coffers before deciding which South Carolina highway projects will get the money.

"Last year we had some additional funding come to the bank at the end of the legislative session, and we're trying to see if the same scenario will unfold," said Max Metcalf of Greenville, a member of the bank board who heads the committee that has been reviewing project applications.

The bank has applications for $1.1 billion in projects but has less than a third of that available.

The board had been expected to decide this month which to finance but now will delay a decision until after lawmakers adjourn next month, Metcalf said Monday.

The projects being reviewed include widening a deadly stretch of U.S. Highway 17 through the Lowcountry; finishing the Mark Clark Expressway in Charleston; and completing the Carolina Bays Parkway along the Grand Strand.

Other projects include easing congestion on U.S. 17 through Mount Pleasant; building a new access road to a port terminal at the old Charleston Naval Base; and roadwork in Anderson County.

Last spring, lawmakers earmarked an extra $35 million for the bank while $32 million went directly to the Department of Transportation, Metcalf said.

Counties and agencies that get bank money must provide a local share. The bank evaluates applications based on criteria such as project costs, needs and repayment plans.

Members of the bank review committee traveled to the coast and to Anderson County in January.

Metcalf said it hasn't been decided whether to give a smaller amount to several projects or pick one over the others and provide the money to essentially finish it.

"One project could not only exhaust what we have available now but what we will have available for a while," he said.

When lawmakers created the bank almost a decade ago, it was designed to provide money for specific large projects, including the $632 million Ravenel Bridge.

"There was still an application process, but it was kind of understood at that time what those needs would be," Metcalf said. "This is the first time the application process has opened up" to new projects, so there will be more discussion about which to fund.