TIFIA
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U.S. Department of Transportation Announces Nearly $98 Million in Loans for Safety Improvements on Virginia’s I-81
USDOT’s financing arm provides extra help for rural areas, with financing at half the Treasury rateU.S. Department of Transportation Announces Two Loans Totaling Nearly $41 million to Help Louisiana Rebuild Rural Bridges and Provide Ferry Service
WASHINGTON – The U.S. Department of Transportation today announced that its Build America Bureau has provided low-interest loans totaling $40.9 million to the Louisiana State Bond Commission for the benefit of the Louisiana Department of Transportation and Development (LADOTD) for a ferry project...U.S. Department of Transportation Expands Its Financing Program to Help Even More Infrastructure Projects Move Forward
Transit and Transit-oriented Development join rural projects and select applicants for the Department’s highly competitive INFRA/Mega/Rural Grant programs to be eligible for low-cost, flexible financing for nearly half of project costsU.S. Department of Transportation Announces up to $86.6 million Loan to the Louisiana State Bond Commission for infrastructure projects in the State
WASHINGTON – The U.S. Department of Transportation today announced that its Build America Bureau has provided a low-interest loan for $86.6 million to the Louisiana State Bond Commission for the benefit of the Louisiana Department of Transportation and Development (LADOTD) to fund the I-49 S....U.S. Department of Transportation Announces up to $41.55 Million Loan for Significant Rural Road Safety Project in Oklahoma
WASHINGTON – The U.S. Department of Transportation today announced that its Build America Bureau has provided a low-interest, long-term loan of $41.55 million to the Oklahoma Department of Transportation (ODOT) to finance 49 percent of the $85.97 million in eligible costs for the Rural Two-Lane...U.S. Department of Transportation Announces up to $200 million TIFIA Loan for the Governor Harry W. Nice Memorial/Senator Thomas “Mac” Middleton Bridge Replacement Project in Maryland
WASHINGTON – The U.S. Department of Transportation today announced that its Build America Bureau has provided a $200 million low-interest loan to the Maryland Transportation Authority (MDTA) for the Governor Harry W. Nice Memorial/Senator Thomas “Mac” Middleton Bridge Replacement Project.U.S. Department of Transportation Announces up to $1.76 Billion Loan for the Purple Line Light Rail Transit Project in Maryland
WASHINGTON – The U.S. Department of Transportation today announced that its Build America Bureau (Bureau) has provided up to a $1.76 billion low-interest loan to Purple Line Transit Partners for the Purple Line Light Rail Transit Project in Maryland. The loan will finance up to 33 percent of the $5...U.S. Department of Transportation Announces up to $1.05 Billion Financing for Capital Beltway Express Lanes Construction in Virginia
WASHINGTON – U.S. Department of Transportation today announced that the Build America Bureau provided a $1.05 billion low interest loan to Capital Beltway Express, LLC to refinance an existing loan for the Capital Beltway express lanes and construction of a northern extension called the 495 NEXT...
U.S. Department of Transportation Announces Refinancing of the $99.6 Million of Credit Assistance to City of Bellevue, Washington, for the BelRed Street Network
WASHINGTON D.C. – The U.S. Department of Transportation today announced that its Build America Bureau has refinanced a $99.6 million TIFIA loan for the City of Bellevue’s BelRed Street Network Project. The Bureau provides Transportation Infrastructure Finance and Innovation Act (TIFIA) loans and...