High Occupancy Vehicle (HOV) lanes on US 101, in Santa Barbara County California (Segments 4A, 4B and 4C)

• Project Type: Roads and Bridges
• State: CA
• Sponsor: Santa Barbara County Local Transportation Authority

• LOI Received:
• Eligibility Review: complete
• Credit Review: complete
• Application Review: complete
• Credit Agreement Executed: September 27, 2022

• Project Cost: $455.70M
• TIFIA Assistance: $75.00M
• RRIF Assistance:
• Primary Revenue Pledge:
• FY Closed: FY2022

Rural Bridge Program in Louisiana

• Project Type: Roads and Bridges
• State: LA
• Sponsor: Louisiana State Bond Commission and Louisiana Department of Transportation and Development (LADOTD)

• LOI Received:
• Eligibility Review: complete
• Credit Review: complete
• Application Review: complete
• Credit Agreement Executed: November 3, 2022

• Project Cost: $111.50M
• TIFIA Assistance: $21.70M
• RRIF Assistance:
• Primary Revenue Pledge: Interjurisdictional Funding Agreements
• FY Closed: FY2023

I-81 Corridor in Virginia

• Project Type: Roads and Bridges
• State: VA
• Sponsor: Virginia Department of Transportation and the Virginia Commonwealth Transportation Board

• LOI Received:
• Eligibility Review:
• Credit Review:
• Application Review:
• Credit Agreement Executed: December 7, 2022

• Project Cost: $280.70M
• TIFIA Assistance: $98.00M
• RRIF Assistance:
• Primary Revenue Pledge: Tax Revenues
• FY Closed: FY2023