Metro Magazine
MENU
SEARCHMENUSEARCHLoading data...
Effective immediately, state departments of transportation will have the ability to use their unspent earmarked highway funds, some of which are nearly 10 years old, on any eligible highway, transit, passenger rail or port project.
Read More →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.
Read More →The funding agreement follows the federal government's commitment in Budget 2011 to co-fund the study with Ontario, reaffirming its support for the Peterborough Commuter Rail Project. The federal contribution will be provided through the Building Canada Fund – Major Infrastructure Component, a program under the Building Canada Plan.
Read More →Decades of deferred repairs and modernization projects have many transit agencies scrambling to keep trains and buses in operation.
Read More →U.S. DOT projects that $101 billion, plus increases for inflation, would be needed annually over the next 20 years from all levels of government to keep the highway system in its current state.
Read More →Envisions an entity that would make loans for energy, transportation and municipal development projects to leverage private investment and create jobs.
Read More →The money will reimburse states for fixing or replacing highways, bridges and other roadway structures. Costs associated with detours, debris removal and other immediate measures necessary to restore traffic flow in impacted areas are also eligible.
Read More →The legislation maintains funding at current levels, reforms the nation's transportation programs to make them more efficient and provides robust assistance for transportation projects under the Transportation Infrastructure Finance and Innovation Act (TIFIA) program to leverage state, local and private-sector funding, according to the EPW.
Read More →The investments made under the transportation portion of the American Jobs Act could put hundreds of thousands of people to work in Pennsylvania and around the country, renovating and rebuilding roads, rails and runways.
Read More →In Los Angeles, for example, an average 396 drivers cross a deficient bridge every second, the study found. "The Fix We're In For: The State of Our Nation's Busiest Bridges," ranks 102 metro areas in three population categories based on the percentage of deficient bridges.
Read More →