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When combined with the $1.278 billion TIFIA loan to the Metropolitan Washington Airports Authority that closed in August, the U.S. Department of Transportation has provided $1.87 billion in TIFIA loans to support the construction of Phase Two, which represents the largest TIFIA assistance for a single project in the program’s history.
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The first subway segment will extend the Purple Line 3.9 miles from the existing Wilshire/Western Purple Line terminus near Koreatown into Beverly Hills. T
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The Silver Line is being constructed by MWAA and operated by the Washington Metropolitan Area Transit Authority. The new line is expected to serve approximately 85,700 daily riders by 2030.
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Will receive $1.25 billion in construction grant funds from the FTA's Capital Investment Grant Program and up to $856 million from the U.S. DOT's TIFIA loan program.
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As part of the CTA 2013-2017 Capital Improvement Plan, the 9.4 mile Dan Ryan Branch of the CTA Red Line is being fully reconstructed. Improvements to the terminal will mean better bus and rail connections and reduced travel congestion and delays.
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The project will reconfigure Metro's three existing light rail lines into two lines, eliminating the need for riders to transfer from light rail to the subway system lines and back.
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The Crenshaw/LAX transit corridor project consists of a new 8.5-mile light rail line, eight new transit stations, and three park and ride facilities. TIFIA provided a $545.9 million loan and the project also is expected to receive approximately $130 million in other federal funds.
Read More →The extension, which will connect Irving, Texas, with Dallas Fort Worth Airport, is part of a long-term effort to create a 90-mile light rail network by 2014 to serve the Dallas metropolitan area.
Read More →The agency will use the TIFIA loan to advance construction of a 8.5-mile light rail line and at least six new transit stations with off-street parking.
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In July, Congress passed a new two-year bill – MAP-21. Highlights contained include an expanded TIFIA program as well as streamlined New Starts and project delivery processes.
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