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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

OCTA I-405

Project Type
Roads and Bridges
Financing Type
TIFIA
Status
Credit Agreement Executed
Project Details
Fiscal Year Closed
FY2017
Credit Assistance Detail
The original TIFIA loan from 2017 was replaced in September 2021. The lower interest rate on the new loan will save OCTA up to $258 million over the life of the loan.
Application Details
Applicant
OCTA
LOI Fiscal Year Received
FY2016
LOI Received Date
Credit Agreement Executed
Initial Eligibility Review
Review complete
Creditworthiness Review
Review complete
Application Review
Review complete
Estimated Project Cost
$1700.00M
TIFIA Request
$561.00M
Instrument Type
Direct Loan