Tag: TIFIA

October 6, 2022

The U.S. Department of Transportation’s (DOT) Build America Bureau will offer low-cost, flexible financing for transit and Transit-oriented Development (TOD) projects at the maximum level allowable, U.S. Transportation Secretary Pete Buttigieg said Tuesday. The new initiative “TIFIA 49” – part […]

March 7, 2022

The U.S. Department of Transportation announced Thursday that the Build America Bureau would be providing an up to $1.05 billion low-interest loan to Capital Beltway Express, LLC to refinance an existing loan for construction of the Capital Beltway express lanes, […]

December 2, 2021

The U.S. Department of Transportation announced Monday that the Build American Bureau (the Bureau) will provide up to $338.6 million to the Chesapeake Bay Bridge Tunnel District to construct the Parallel Thimble Shoal Tunnel. As a direct loan from the […]

September 27, 2021

The U.S. Department of Transportation announced Thursday that the Build America Bureau (the Bureau) would provide the Hampton Roads Transportation Accountability Commission (HRTAC) with up to $1.66 billion in Transportation Infrastructure Finance and Innovation Act (TIFIA) funding. The direct loans […]

September 21, 2021

The U.S. Department of Transportation (DOT) announced Friday it had provided a packages of loans worth up to $3.84 billion to the Central Puget Sound Regional Transit Authority (Sound Transit) for six projects in Washington State. The Transportation Infrastructure Finance […]