TIFIA

More Toll Lanes Coming to California Freeways
Solo drivers in the Golden State will have more options to escape traffic congestion on busy freeways – for a price, as transportation agencies increasing decide to convert existing carpool lanes to high-occupancy toll lanes and add new ones.

Funding Approved for Interstate 10 Express Lanes in Southern California
Construction of 10 miles of dual express lanes on I-10 received the go-ahead last month after a TIFIA loan closed for $225 million of the $925 million project planned by the San Bernardino County Transportation Authority.

San Diego Water Recycling Project Receives Critical EPA Loan
One of the nation's most ambitious attempts to recycle wastewater into potable water received a huge lift last month from the EPA with the receipt of a $164 million loan under the now-permanent Water Infrastructure Finance and Innovation Act.
Nation's Newest Toll Road Opens in North Carolina
For a small fee, motorists can now bypass a congested arterial road with two dozen traffic lights outside of Charlotte. Built and operated by the North Carolina Turnpike Authority, the 18-mile, electronically tolled Monroe Expressway opened Nov. 27.

Praise for the Trump Infrastructure Plan
While there has been no lack of criticism (some might say condemnation) of the $200 billion investment that aims to generate an additional $1.3 trillion, some individuals and groups have stepped forward to praise the plan, or at least parts of it.
First Span of Governor Mario M. Cuomo Bridge Opened Last Night
The westbound 3.1-mile span from Tarrytown across the Hudson River to South Nyack in Rockland County stands adjacent to the 62-year-old Tappan Zee Bridge that will be dismantled next year. The new $3.9 billion bridge was built on-time and on-budget.

Is the Era of the 'Free' Freeway Coming to an End?
No one's suggesting that freeways will be converted to tollways, but a pattern is emerging that when freeways are widened, express lanes, financed in part by user fees, are being added rather than mixed-flow lanes. Case in point: the Inland Empire.
User Fees and Sales Tax Dollars Finance $1.9 Billion Four-Lane Freeway Widening
A 16-mile express lane and general purpose lane will be added in each direction of the San Diego Freeway in Orange County. A $629 million TIFIA loan will be repaid by toll-paying motorists, while all taxpayers pay most of the remainder.
President Trump's Other Infrastructure Plan—Defunding Grant Programs
The showman captured America's attention with a promise to "make America great again" with a $1 trillion infrastructure plan. Receiving scant attention are the infrastructure grant programs he'll cut in order to fund massive defense spending.
Texas Central High-Speed Railway Reaches Funding Milestone
The Dallas-to-Houston project will be the first operating high speed rail line in the United States when it opens in 2021. The project received $75 million in private funding, allowing planning for the project to advance.

Congressional Bill to Expedite Transit Oriented Development
Cory Booker has introduced a railroad bill that will, among other things, expand financing for transit-oriented projects near train stations. The new law would also make it easier for TOD developers to apply for federal loans.
Largest TIFIA Loan to P3 Goes to Florida's 'I-4 Ultimate' Project
Transportation Secretary Foxx announced the largest TIFIA loan to be awarded to a public-private partnership will be used to widen 21 miles of Interstate 4 in Florida known as "I-4 Ultimate" by adding four express or toll lanes in the Orlando area.

$2.1 Billion in Federal Transit Funding for the 'Subway to the Sea' in Los Angeles
Los Angeles will receive its largest-ever federal grant, $1.25 billion, to help fund the Purple Line subway, aka the "Subway to the Sea." Also on its way is an $856 million loan from the TIFIA program.
Transportation Reauthorization Bill Breezes Past First Committee
Receiving a resounding vote of confidence from the Environment and Public Works Committee, the $265 billion, six-year MAP-21 reauthorization bill advanced on its path to keep federal transportation payments going to states through the summer.
What's Wrong with the Senate's MAP-21 Reauthorization Bill?
Plenty, according to Tanya Snyder, Streetsblog USA editor, who finds Obama's Grow America plan far superior. Outside of not including a gas tax to fill the Trust Fund gap, she finds the proposal "underfunded and highway centric." She is not alone.
California HSR: Banking on Cap and Trade, TIFIA, and More
One positive thing to be said about a project that's been declared on life support by even many of its supporters since a court ruling denied its chief funding source: the Calif. HSR Authority sure is resilient. New funding sources may keep it alive.

Bike and Pedestrian Infrastructure Financing Bill Introduced in Congress
Rep. Albert Sires (D-N.J.) introduced the New Opportunities for Bicycle and Pedestrian Infrastructure Financing Act of 2014 (H.R. 3978), modeled on TIFIA, to promote investment in bike and pedestrian facilities to make streets safer for all modes.
Tappan Zee Scores Largest Ever TIFIA Loan, But How Will It Be Repaid?
New York State received good news on Oct. 31: A $1.6 billion loan has been approved toward the $4 billion replacement of the Tappan Zee Bridge. The remainder will be borrowed from the private sector. A commission will offer ways to repay the loans.
Vision for Chicago Riverwalk Set to Get Big Check from Feds
An ambitious vision for transforming a six-block segment of the Chicago River into six themed recreation areas looks almost certain to become a reality now that Transportation Secretary Ray LaHood has promised the project a $100 million federal loan.
Does New Federal Transportation Funding Criteria Pave the Way for Wasteful Projects?
The new funding criteria established for the expansion of the U.S. Department of Transportation's popular TIFIA loan program may make it easier for projects such as the infamous "bridge to nowhere" to secure financing.
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