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Newsby StaffNovember 7, 2014

L.A. Metro breaks ground on Purple Line extension

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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Newsby StaffAugust 21, 2014

Next phase of D.C. rail line receives $1.28B loan

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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Newsby StaffMay 21, 2014

L.A. receiving $2.1B for subway extension

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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Newsby StaffMay 1, 2014

Chicago Transit closes $79M TIFIA loan

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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Newsby StaffFebruary 20, 2014

L.A. awarded nearly $900M in light rail funds

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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Newsby StaffJanuary 21, 2014

L.A. breaks ground on $2B rail line to airport

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.

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Newsby StaffDecember 14, 2012

DART awarded $125M TIFIA loan for rail extension

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.

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Newsby StaffOctober 3, 2012

L.A. Metro receives $545M loan for light rail construction

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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Newsby StaffJuly 27, 2012

LaHood announces availability of TIFIA funding

He also announced the establishment of the Project Finance Center to help state and local government project sponsors analyze financial options for highway, transit, rail, intermodal and other surface transportation projects facing funding challenges.

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Newsby StaffFebruary 16, 2012

Requests top $13B for TIFIA loans

The program provides Federal credit assistance to nationally or regionally significant surface transportation projects, including highway, transit and rail.

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