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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.
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The 26-mile rail project will improve mobility, accessibility, and system linkages for North Texas residents.
Read More →DOT previously approved a private activity bond allocation of $1 billion for Brightline West in 2020, bringing the total allocation for this project to $3.5 billion.
Read More →Said the cost of delaying the project outweighed the risk to farmers and others along the route whose property would be affected.
Read More →The project is part of NJ TRANSIT’s Resilience Program and calls for the creation of an additional storage location for rail cars and locomotives that will provide greater protection against future flooding.
Read More →The milestone is a significant step toward modernizing the MAX Blue Line’s power infrastructure, one of the oldest components of the region’s light rail system.
Read More →Dorval R. Carter, Jr. was one of the original five signatories of the EIP pledge.
Read More →The FTA awarded Oregon Metro and TriMet for its Portland-Milwaukie light rail project Environmental Impact Statement for Excellence in Environmental Document Presentation.
Read More →Effective immediately, Amtrak president/CEO Wick Moorman reduced by half the senior management team into six direct reports.
Read More →As one of the highest rated transit projects in the nation, the agency’s BRT will link one of the busiest traffic corridors in the Bay Area with a fast, economical and environmentally friendly means of transportation.
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