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TIFIA

U.S. Department of Transportation Announces $152.2 Million Loan to Riverside County Transportation Commission Toward Funding the I-15 Express Lanes Project

WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the Department of Transportation’s Build America Bureau (Bureau) will provide a $152.2 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Riverside County Transportation Commission (RCTC), at 2.84% with a term of 35 years after substantial completion for the I-15 Express Lanes Corridor Project (Project).

Updated: Thursday, July 20, 2017

U.S. Department of Transportation Announces $99.6 Million Loan to the City of Bellevue, Washington for the Belred Street Network Project

WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the Department of Transportation’s Build America Bureau (Bureau) will provide a $99.6 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the City of Bellevue, Washington, at 2.86% with a term of 35 years after substantial completion to finance the completion of the BelRed Street Network Project (the Project).

Updated: Monday, June 12, 2017

U.S. Department of Transportation will provide a $285 Million Loan to expand I-35E in the Dallas Metro Area

WASHINGTON - U.S. Transportation Secretary Anthony Foxx today announced that the Texas Transportation Commission will receive a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for $285 million to finance the reconstruction and expansion of a section of I-35E in the Dallas metro area.

Updated: Monday, November 7, 2016

U.S. Department of Transportation Announces a TIFIA Loan of $874.6 Million for the Maryland Purple Line Project

WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan of $874.6 million to Purple Line Transit Partners, LLC, for implementation of the Maryland Purple Line.  The TIFIA loan will support the construction of the light rail line connecting Montgomery and Prince George’s Counties, MD.

Updated: Wednesday, June 15, 2016

U.S. Transportation Secretary Foxx Announces $211 Million TIFIA Loan for US 301 Project in Delaware

WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced a $211 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan from the Federal Highway Administration (FHWA) to finance construction of the new US 301 mainline toll project in Delaware to relieve area congestion.

“The US 301 improvements will relieve congestion and support the economy of the entire northeast corridor,” said Secretary Foxx.”

Updated: Thursday, December 3, 2015

U.S. Transportation Secretary Foxx Announces $282 Million Loan for US 183 Project in Texas

WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for $282 million to finance the construction of additional lanes on an eight-mile stretch of US 183 in Austin, Texas, to help relieve congestion.

Updated: Thursday, November 19, 2015

U.S. Department of Transportation Celebrates $2.1 Billion in Grant and Loan Funds to Extend Subway Service in West Los Angeles

WASHINGTON – U.S Transportation Secretary Anthony Foxx today announced $2.1 billion in federal grant and loan agreements to help build the 3.9-mile Westside Purple Line Extension from downtown Los Angeles to the City of Beverly Hills—expanding transit options in one of the most congested corridors in Los Angeles County.

Updated: Wednesday, May 21, 2014

U.S. Transportation Secretary Foxx Announces $79 Million TIFIA Loan for Chicago’s 95th Street Bus and Rail Project

WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced the closing of a $79 million Transportation Infrastructure Finance Innovation Act (TIFIA) loan to the Chicago Transit Authority (CTA) for the 95th Street Bus and Rail project.

Updated: Friday, April 25, 2014

U.S. Transportation Secretary Foxx Announces $60 Million Loan for U.S. 36 in the Boulder-Denver Region

WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for $60 million that will help pay for the reconstruction of U.S. 36 express lanes in the Boulder-Denver area, bringing congestion relief to drivers throughout the region.  The TIFIA loan announced today is in addition to an earlier $54 million TIFIA loan provided to Colorado to rebuild U.S. 36, bringing the Department’s total support for the project to $114 million.

Updated: Wednesday, February 26, 2014
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