TIFIA
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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...
U.S. Department of Transportation Announces $46 Million Loan for Austin’s Manor Expressway Project
WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the U.S. Department of Transportation’s Build America Bureau will provide up to a $46.94 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Central Texas Regional Mobility Authority (...
U.S. Department of Transportation Announces $605 Million Loan for Houston’s Grand Parkway Project
WASHINGTON – U.S. Secretary of Transportation Elaine L. Chao today announced that the U.S. Department of Transportation’s Build America Bureau will provide up to a $605 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Grand Parkway Transportation Corporation (...
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...
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...