For Maryland Purple Line, $1.76B TIFIA Loan
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.
Build America Bureau
‘Accelerators’ Grant Program Proposals Sought
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.
For Moynihan Train Hall Project, Refinanced TIFIA Loan
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.
California, USDOT Partner to Improve Supply Chain Infrastructure
The state of California and the U.S. Department of Transportation are teaming to modernize supply chain infrastructure and speed goods movement.
First ‘INFRA Extra’ Projects Unveiled
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.
USDOT: $5MM for RIA Program Projects
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: $3.84B in TIFIA Loans for Project Advancement
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.
USDOT Issues New Guidance on TOD Project Funding
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.
RRIF Express 2.0: More Accessible to Small Roads
The U.S. Department of Transportation is expanding eligibility and providing more flexibility for the Railroad Rehabilitation and Investment Financing Express (RRIF Express) program.
USDOT and Chicago Union Station move towards $1B redevelopment plan
Chicago announced Jan. 12 that the city, along with Amtrak, Metra, the RTA and the U.S. Department of Transportation (USDOT) Build America Bureau are entering into an Emerging Projects Agreement (EmPA), towards the ultimate goal of seeking up to $1 billion in federal funding for the Union Station modernization project.