Topic : TIFIA

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U.S. DOT announces intent to fund Sound Transit's light rail extension

Rail| December 18, 2019

The agency will strike a $790 million FFGA, along with a $629 million TIFIA loan to complete the Federal Way line light rail extension.

InfraStrategies LLC adds principal consultant to team

Management & Operations| December 11, 2019

Sophie Guiny joins the team as an exceptionally accomplished transportation infrastructure funding and financing expert and will be based in the Washington, D.C. office.

Government Issues| October 14, 2019

U.S. DOT announces major initiative to support rural transportation needs

Will address the challenges by assisting stakeholders in understanding how to access grants and financing products and developing data-driven approaches to solve issues.

Management & Operations| August 29, 2017

Maryland's Purple Line light rail project lands $900M in federal funding

The light rail line will make travel across Montgomery and Prince George’s counties faster and more reliable for thousands of Maryland residents, improving access to major business and activity centers in the state’s most populated counties.

Rail| July 6, 2017

New York lands $537M TIFIA loan for train hall redevelopment

The Moynihan Train Hall will benefit the entire North East Corridor service area, as two-thirds of all NEC rail trips currently pass through Penn Station.

Rail| June 27, 2017

Sound Transit secures $88M loan for light rail ops, maintenance facility

The credit agreement is the first of its kind in the nation in supporting four separate Sound Transit projects. It is expected to yield regional taxpayers long-term savings of between $200 million and $300 million in reduced borrowing costs.

Mobility| January 18, 2017

Chicago Union Station redevelopment plan receives fed assistance

The USDOT Build America Bureau and the City of Chicago are entering into an EmPA agreement, under which Chicago can work closely with USDOT with the ultimate goal of seeking up to $1 billion in federal funding for the project.

Rail| January 5, 2017

U.S. DOT commits $1.5B to L.A. Metro Purple Line Extension

Coupled with Metro’s $747 million local match made possible by 2008’s Measure R sales tax, $2.4 billion is now secured to continue construction of one of L.A. County’s most critically needed public transit projects.

Government Issues| January 3, 2017

Energy exec. Klepper to lead new Build America Bureau

The newly created entity within the U.S. DOT streamlines access to federal credit and grant opportunities while providing technical assistance to project planning, financing, delivery, and monitoring.

Management & Operations| December 27, 2016

New U.S. DOT funding tool to provide $2B for Seattle rail projects

Transportation Secretary Anthony Foxx launched the Build America Bureau earlier this year to provide a one-stop-shop for state and municipal governments to find innovative solutions to funding critical infrastructure projects.

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