News Releases (Archived 2021- Jan. 20, 2025)
The Build America Bureau is part of the Office of the Secretary of Transportation (OST). All media inquiries are managed through OST Public Affairs at 202-366-4570 and pressoffice@dot.gov.
Archived DOT news releases issued about the Bureau loans and programs are listed below.
U.S. Department of Transportation Announces Closing of $291 Million Loan for Boston's Widett Circle Project (January 14, 2025)
U.S. Department of Transportation Announces $1.89 Billion Loan to the Port Authority of New York and New Jersey for the Midtown Bus Terminal Reconstruction (January 14, 2025)
U.S. Department of Transportation Announces $36.1 Million Low-Interest Loan for Sacramento International Airport (January 8, 2025)
U.S. Department of Transportation Announces $27 Million Available for Rural and Tribal Community Technical Assistance Grants (December 19, 2024)
U.S. Department of Transportation Announces $544.6 Million Loan for San Francisco Bay Area Rail System Upgrade (October 30, 2024)
Build America Bureau Issues Notice of Funding Opportunity for Regional Infrastructure Accelerators Grants (October 28, 2024)
U.S. Department of Transportation Provides Guidance to Help Potential Borrowers Access Transit-Oriented Development Financing (August 13, 2024)
U.S. Department of Transportation Announces $114 Million in Federal Loans to Benefit Rural Oklahoma Communities (July 2, 2024)
U.S. Department of Transportation Announces Closing of First Loan to Support Transit-Oriented Development (May 1, 2024)
Biden-Harris Administration Awards $23.6 Million to Help 112 Communities Deliver Transformative Infrastructure Projects (April 15, 2024)
U.S. Department of Transportation Announces Latest Step Toward Launching New Reconnecting Communities Institute (April 4, 2024)
U.S. Department of Transportation Announces $57 Million Available for Innovative Finance and Asset Concession Grants (March 11, 2024)
U.S. Department of Transportation Announces $417 Million Loan to Improve Traffic Around Raleigh (February 8, 2024)
U.S. Department of Transportation Announces $31.4 Million Loan to Upgrade Critical Rail Lines in California (January 29, 2024)
U.S. Department of Transportation Approves $2.5 Billion in Private Activity Bonds Allocation for Brightline West Project (January 23, 2024)
U.S. Department of Transportation Announces $88.3 Million Loan for Louisiana to Build Critical Connector Project (December 18, 2023)
U.S. Department of Transportation Advances Transportation Solutions in Underserved Communities With $3.4 Million In Rural and Tribal Grants November 20, 2023
U.S. Department of Transportation Announces Loan of up to $141 Million for the I-64 Hampton Roads Express Lanes Project in Virginia November 17, 2023
U.S. Department of Transportation Establishes Partnership with Kansas City to Finance Mobility and Infrastructure Projects October 24, 2023
U.S. Department of Transportation Advances America’s Infrastructure with Expanded Regional Grants October 13, 2023
Biden-Harris Administration Announces Next Phase of Thriving Communities Grant Program to Help More Communities Unlock Access to Historic Infrastructure Investments September 12, 2023
U.S. Department of Transportation Approves $501 Million Loan for Colorado I-25 Express Lanes Expansion Project August 8, 2023
U.S. Department of Transportation Announces Rural and Tribal Technical Assistance Grant Opportunity June 15, 2023
U.S. Department of Transportation Expands Investment in Regional Infrastructure Accelerators Grant Program (April 27, 2023)
U.S. Department of Transportation Establishes Partnership with City of Austin to Finance Mobility and Infrastructure Projects February 28, 2023
U.S. DOT Announces $27.5 Million Railroad Rehabilitation and Improvement Loan for South Shore Commuter Rail Line in Indiana December 22, 2022
U.S. Department of Transportation Announces Nearly $98 Million in Loans for Safety Improvements on Virginia's I-81 December 12, 2022
The U.S. Department of Transportation Announces $48.2 Million Loan for Rural Highway Safety Project in Minnesota December 6, 2022
The U.S. Department of Transportation Announces Two Loans to Louisiana to Rebuild Rural Bridges and Provide Ferry Service November 14, 2022
Biden-Harris Administration Launches New Program to Help Communities Seek Infrastructure Projects October 6, 2022
U.S. Department of Transportation Announces $75 million Loan for high Occupancy Vehicle Lanes on US 101 in Santa Barbara, California October 5, 2022
U.S. Department of Transportation Secretary Pete Buttigieg Announces Expansion of TIFIA Financing for TOD and Transit October 4, 2022
U.S. Department of Transportation Announces Five New Members of the Regional Infrastructure Accelerator Program August 22, 2022
U.S. Department of Transportation Announces $86.6 Million Loan for Louisiana Project August 1, 2022
U.S. Department of Transportation Announces $41.55 Million Loan for Significant Rural Road Safety Project in Oklahoma June 1, 2022
U.S. Department of Transportation Announces up to $1.76 Billion Loan for the Purple Line Light Rail Transit Project in Maryland April 14, 2022
Regional Infrastructure Accelerator Grant Program- January 10, 2022
Loan of Up to $250.29 Million to the Central Texas Regional Mobility Authority for 183N Mobility Project- December 22, 2021
Up to $26.9 Million in Financing for the LA 3241 Project in St. Tammany Parish, Louisiana- December 22, 2021
Up to $19.92 million in TIFIA Loan Credit Assistance for the Vine Bus Maintenance Facility Project- December 7, 2021
Up to $338.6 Million TIFIA Loan for the Chesapeake Bay Bridge Tunnel – Parallel Thimble Shoal Tunnel Project- November 30, 2021
Up to $606.7 million TIFIA Loan for the Farley Building Transportation Project (Moynihan Train Hall) in New York City- November 29, 2021
California, U.S. Department of Transportation Announce Partnership on Supply Chain Infrastructure Program- October 28, 2021
Up to $36.4 million TIFIA Loan to Fund Two Infrastructure Projects in Louisiana- September 24, 2021
Up to $1.66 Billion TIFIA Loan to Hampton Roads Transportation Accountability Commission for the New Hampton Roads Bridge Tunnel Project- September 23, 2021
Up to $464.96 million in new Transportation Infrastructure Finance and Innovation Act (“TIFIA”) Credit Assistance to Central 70 Project in Colorado- September 20, 2021
First Ever INFRA Extra Project Designations to Help Fund Dozens of Priority Projects in Communities Around the Country- September 20, 2021
Largest Package of Loans Ever, Up to $3.84 billion, for Sound Transit to Carry Out Six Projects in Washington State- September 17, 2021
$5 Million in Awards under the New Regional Infrastructure Accelerators (RIA) Demonstration Program- September 17, 2021
Up to $628.93 million in Transportation Infrastructure Finance and Innovation Act (TIFIA) Credit Assistance for Orange County Transportation Authority’s I-405 Improvement Project- September 13, 2021
Up to $605.33 million to the Grand Parkway Transportation Corporation for the Grand Parkway Segments H & I Project- August 23, 2021
Up to $499.5 million loan to the North Carolina Turnpike Authority for the Complete 540 Phase 1 Project- August 9, 2021
Up to $448 Million Loan for the 183A Phase III, 183S, and 290E Phase III Road Projects in Austin- March 2, 2021
$908 Million Loan for the Silver Line Regional Rail Project in Dallas- February 25, 2021