tifia

Four out of five projects advancing for USDOT TIFIA loan assistance are toll projects. The toll projects invited to apply are (1) the VA/I-95 HOT Lanes (2) North Tarrant Express 3a & 3b (3) CA91 Express Lanes Improvement Riverside Co and (4) the CO/US36 Phase 2. The only untolled project invited to make the formal application is the Gerald Desmond Bridge at the Port of Long Beach CA.

USDOT's TIFIA office is short of money and has announced it is closing the open door to loan applications that it has operated back to passage of the original Transportation Infrastructure Finance Innovation Act (TIFIA) of 1998.