A $203.3 million Rehabilitation and Improvement (RRIF) Program loan will help finance and advance the 8-mile extension of South Shore Line commuter rail service in Indiana, the U.S. Department of Transportation (USDOT) reported on June 17.
Build America Bureau
The U.S. Department of Transportation’s Build America Bureau has provided a TIFIA loan for up to $1.76 billion for Maryland’s long-delayed Purple Line Light Rail Transit Project.
The U.S. Department of Transportation’s Build America Bureau is making available up to $5 million in grants for its Regional Infrastructure Accelerators (RIA) Demonstration Program.
The U.S. Department of Transportation’s Build America Bureau has refinanced and increased a direct TIFIA loan to Empire State Development for the Moynihan Train Hall project in New York City.
The state of California and the U.S. Department of Transportation are teaming to modernize supply chain infrastructure and speed goods movement.
Nationwide, 44 projects that applied for but were not awarded 2021 INFRA competitive grant funding are now INFRA Extra designees, eligible for credit assistance of up to 49% of costs, according to the U.S. Department of Transportation.
A total of $5 million will be awarded under the new Regional Infrastructure Accelerators (RIA) program, the U.S. Department of Transportation reported.
Sound Transit will receive up to $3.84 billion in Transportation Infrastructure Finance and Innovation Act (TIFIA) loans to finance the Downtown Redmond Link Extension and refinance five additional projects, the U.S. Department of Transportation reported Sept. 17.
The U.S. Department of Transportation’s (USDOT) Build America Bureau has clarified the eligibility of transit-oriented development (TOD) projects for funding under the Transportation Infrastructure Finance & Innovation Act (TIFIA) and Railroad Rehabilitation & Improvement Financing (RRIF) programs.
The U.S. Department of Transportation is expanding eligibility and providing more flexibility for the Railroad Rehabilitation and Investment Financing Express (RRIF Express) program.