U.S. Department of Transportation (DOT) officials said a $908 million Railroad Rehabilitation and Improvement Financing (RRIF) loan would aid Dallas Area Rapid Transit’s (DART) Silver Line Regional Rail Project.
The funding allotment via the Build America Bureau serves as the first RRIF loan to close under the Biden administration, addressing refinancing of the RRIF loan provided to DART for the same project by the Bureau in December 2018.
