I-15 Express Lanes Project Awarded $152 Million US DOT Loan
The Riverside County Transportation Commission will receive a $152.2 million federal loan to assist with the completion of its Interstate 15 express lanes corridor project, the U.S. Department of Transportation announced July 20.
FAST Act Changed TIFIA Rules, DOT Says
Rules governing the U.S. Department of Transportation’s main financing mechanism, Transportation Infrastructure Finance and Innovation Act loans, were changed by the implementation of the FAST Act in December 2015.
New Hampshire Roadway Awarded $200 Million TIFIA Loan
A project to widen a key freight corridor in New Hampshire has been awarded a $200 million loan from the Federal Highway Administration, Transportation Secretary Anthony Foxx announced May 25.
May 27, 2016Houston Highway Project Awarded $357 Million TIFIA Loan
Transportation Secretary Anthony Foxx announced a $357 million Transportation Infrastructure Finance and Innovation Act loan from the Federal Highway Administration on May 2 that will finance the construction of four toll lanes on State Highway 288 in Houston.
April 29, 2016DOT Offers $1.4 Billion in TIFIA Credit Assistance for Infrastructure Projects
The Department of Transportation on March 11 announced the availability of $1.4 billion in credit assistance over the next five years for critical infrastructure projects nationwide, using Transportation Infrastructure Finance and Innovation Act funding.
DOT Announces $950 Million TIFIA Loan for Florida’s I-4 Project
WASHINGTON — Transportation Secretary Anthony Foxx announced on Sept. 9 that the Interstate 4 widening project in Orlando, Fla., will receive a DOT loan for $950 million.