Topic : loan

1 - 5 of 5

FRA loans New York $967M for PTC

Security and Safety | May 7, 2015

The loan funding can be used to acquire, improve, or rehabilitation intermodal or rail equipment of facilities, including track, components of track, bridges, yards, buildings and shops; refinance outstanding debt incurred for any of those purposes; and develop or establish new intermodal or railroad facilities.

NJ Transit turns to Canada for loan

Management & Operations| April 28, 2015

Looking to the Royal Canadian Bank instead of the ailing state Transportation Trust Fund for a $300 million loan to bridge the gap between paying for work covered by a federal grant and actually receiving the money.

Rail| March 13, 2013

Republicans call to reject $5.5B Calif.-to-Vegas HSR loan

House Budget Committee Chairman Paul Ryan and Sen. Jeff Sessions, the top Republican on the Senate Budget Committee, claimed that the project is “costly, wasteful and risky.” ExpressWest’s founder/CEO and the National Association of Railroad Passengers both spoke out to defend the project.
Bus| December 2, 2011

Denver's P3 commuter rail project receives TIFIA loan

Will use loan to fund a portion of its contribution to the project and will begin drawing on the funds in 2013. In addition to FTA's contribution to the project, a consortium of private companies, known as the Denver Transit Partners, is responsible for financing around 24% of the project through tax-exempt private-activity bonds issued by RTD, equity contributions and other means.
Bus| July 7, 2011

Miami-Dade considers $100M loan to aid transit

County commissioners may authorize an emergency $100 million bridge loan for the struggling Miami-Dade Transit so it can continue work on key capital projects.

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