I-64 Hampton Roads Express Lanes Network 2026 Project

• Project Type: Roads and Bridges
• State: VA
• Sponsor: Hampton Roads Transportation Accountability Commission (HRTAC)

• LOI Received: September 5, 2024
• Eligibility Review: Review Complete
• Credit Review: Review Complete
• Application Review: Review Complete
• Credit Agreement Executed: June 29, 2026

• Project Cost: $1019.20M
• TIFIA Assistance: $310.20M
• RRIF Assistance:
• Primary Revenue Pledge: Toll Revenues
• FY Closed: FY2026

Midtown Bus Terminal Replacement Project

• Project Type: Public Transit
• State: NY
• Sponsor: Port Authority of New York and New Jersey

• LOI Received: September 3, 2024
• Eligibility Review: Review Complete
• Credit Review: Review Complete
• Application Review: Review Complete
• Credit Agreement Executed: January 14, 2025

• Project Cost: $4000.00M
• TIFIA Assistance: $1890.00M
• RRIF Assistance:
• Primary Revenue Pledge: Project Revenues
• FY Closed: FY2025

Bay Area Rapid Transit (BART) Rail Car Upgrade

• Project Type: Public Transit
• State: CA
• Sponsor: San Francisco Bay Area Rapid Transit District (BART)

• LOI Received: April 10, 2024
• Eligibility Review: complete
• Credit Review: complete
• Application Review: complete
• Credit Agreement Executed: October 29, 2024

• Project Cost: $2200.00M
• TIFIA Assistance: $544.00M
• RRIF Assistance:
• Primary Revenue Pledge: Tax Revenues
• FY Closed: FY2025

Sacramento International Airport Pedestrian Walkway Project

• Project Type: Airports
• State: CA
• Sponsor: County of Sacramento

• LOI Received: January 15, 2024
• Eligibility Review: Review Complete
• Credit Review: Review Complete
• Application Review: Review Complete
• Credit Agreement Executed: January 7, 2025

• Project Cost: $92.50M
• TIFIA Assistance: $36.10M
• RRIF Assistance:
• Primary Revenue Pledge: Project Revenues
• FY Closed: FY2025

SR 400 Express Lanes Project

• Project Type: Roads and Bridges
• State: GA
• Sponsor: SR 400 Peach Partners, LLC

• LOI Received: November 1, 2023
• Eligibility Review: Review Complete
• Credit Review: Review Complete
• Application Review: Review Complete
• Credit Agreement Executed: August 5, 2025

• Project Cost: $12400.00M
• TIFIA Assistance: $3890.00M
• RRIF Assistance:
• Primary Revenue Pledge: Toll Revenues
• FY Closed: FY2026

Louisiana 415 Connector Project (LA 415 to LA 1)

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

• LOI Received: August 23, 2023
• Eligibility Review: complete
• Credit Review: complete
• Application Review: complete
• Credit Agreement Executed: December 13, 2023

• Project Cost: $268.00M
• TIFIA Assistance: $88.30M
• RRIF Assistance:
• Primary Revenue Pledge: State or Local Appropriations
• FY Closed: FY2024

Hudson River Tunnel Project between New York and New Jersey

• Project Type: Railroads
• State: NY
• Sponsor: Gateway Development Commission

• LOI Received: May 10, 2023
• Eligibility Review: complete
• Credit Review: complete
• Application Review: complete
• Credit Agreement Executed: July 8, 2024

• Project Cost: $16000.00M
• TIFIA Assistance:
• RRIF Assistance: $4600.00M
• Primary Revenue Pledge: Interjurisdictional Funding Agreements
• FY Closed: FY2024

Mount Vernon Library Commons Project (Transit-oriented Development)

• Project Type: Transit-oriented Development (TOD)
• State: WA
• Sponsor: City of Mount Vernon, Washington

• LOI Received: January 11, 2023
• Eligibility Review: complete
• Credit Review: complete
• Application Review: complete
• Credit Agreement Executed: April 30, 2024

• Project Cost: $53.00M
• TIFIA Assistance: $26.80M
• RRIF Assistance:
• Primary Revenue Pledge: State or Local Appropriations
• FY Closed: FY2024

Complete 540 Phase 2 Project

• Project Type: Roads and Bridges
• State: NC
• Sponsor: North Carolina Turnpike Authority

• LOI Received: February 9, 2022
• Eligibility Review: Complete
• Credit Review: Complete
• Application Review: Complete
• Credit Agreement Executed: February 1, 2024

• Project Cost: $1300.00M
• TIFIA Assistance: $417.00M
• RRIF Assistance:
• Primary Revenue Pledge: Toll Revenues
• FY Closed: FY2024

Sierra Northern Railway and Mendocino Railway Improvements

• Project Type: Railroads
• State: CA
• Sponsor: Sierra Northern Railway (SNR) and Mendocino Railway (MRY)

• LOI Received: April 14, 2021
• Eligibility Review: Review Complete
• Credit Review: Review Complete
• Application Review: Review Complete
• Credit Agreement Executed: January 11, 2024

• Project Cost: $31.40M
• TIFIA Assistance:
• RRIF Assistance: $31.40M
• Primary Revenue Pledge: Project Revenues
• FY Closed: FY2024