The Honorable Bill Shuster
Chairman
Committee on Transportation and Infrastructure
U.S. House of Representatives
Washington, DC 20515
Dear Mr. Chairman:
This letter constitutes the Fiscal Year (FY) 2014 Report to Congress on the Transportation Infrastructure Finance and Innovation Act (TIFIA) projects whose sponsors submitted letters of interest under the Moving Ahead for Progress in the 21st Century Act (MAP–21). Section
609(b) of Title 23, United States Code, as amended by MAP-21, requires the Secretary of Transportation to submit an application process report to the Senate Committee on Environment and Public Works and the House Committee on Transportation and Infrastructure that includes a list of all letters of interest and applications received from project sponsors during the preceding fiscal year.
Background on the TIFIA Credit Program
TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide three forms of credit assistance—secured (direct) loans, loan guarantees, and standby lines of credit. The program’s fundamental goal is to leverage Federal funds by attracting substantial private and other non-Federal co-investment to make critical improvements to the Nation’s surface transportation system.
DOT awards credit assistance to eligible applicants, which include State departments of transportation, transit operators, special authorities, local governments, and private entities. Highway, transit, passenger rail, certain freight facilities, certain port projects, and rural infrastructure projects may receive credit assistance through the TIFIA program.
Changes under MAP-21
MAP-21 authorized $750 million in FY 2013 and $1 billion in FY 2014 (a total of $1.75 billion for both fiscal years) contract authority for the TIFIA program to cover the budgetary cost/subsidy cost of providing credit assistance. The Department estimates that this cumulative budget authority can in turn be leveraged to provide approximately $17.5 billion in credit assistance to help fund up to $50 billion for surface transportation investment.
Page 2
The Honorable Bill Shuster
Summary of Activities
On July 31, 2012, the Department published a Notice of Funding Availability (NOFA) in the Federal Register that outlines the credit assistance review process and invites project sponsors to submit a letter of interest (LOI) for TIFIA credit assistance on a rolling basis. The TIFIA JPO performs a project creditworthiness review and upon a positive evaluation, issues a formal invitation to apply for credit assistance. A decision on the assistance is rendered by the Secretary within 60 days after DOT notifies a project sponsor of application completeness.
It is important to note that the speed by which projects advance through the TIFIA credit assistance process is dependent, in part, on the ability of project sponsors to provide required credit and financial information and utilize TIFIA’s standard loan terms. The Department’s TIFIA program guide, standard loan agreement template, and sample term sheet will assist project sponsors in moving through the process.
The Department works closely with project sponsors to ensure that the requirements of each phase can be met in a timely manner while balancing the burden on project sponsors with the need to safeguard Federal resources.
This report includes a summary of activity on all of the letters of interest and applications received from project sponsors from the enactment of MAP-21 on July 6, 2012 to September 30, 2014.
Letters of Interest
The Department has received 43 letters of interest for project sponsors seeking approximately $19 billion in credit assistance. Submissions have varied in terms of project type, credit assistance request amount, procurement method, and project location. DOT has seen growing interest in credit assistance from States that had not previously used TIFIA credit assistance for an array of projects across urban, suburban, and rural communities.
Of the 43 projects seeking assistance, 29 LOIs were submitted for highway projects, 11 for transit projects, and three for multimodal projects. In terms of total credit assistance requested, 63% was requested for highway projects and 33% was requested for transit projects, with the remaining balance being requested for multimodal projects.
Page 3
The Honorable Bill Shuster
As a part of the LOI review process, the Department has provided and committed approximately $1 billion in MAP-21 contract authority for 28 projects that have reached financial close or are reasonably expected to meet creditworthiness and eligibility rules. After accounting for the commitments, which include obligations for closed loans as well as administrative funding reservations for letters of interest and applications being advanced in the TIFIA review process, the Department has approximately $700 million in contract authority with multi-year availability remaining to cover the cost of extending new loans for MAP-21 projects. The $700 million accounts for the reduction of TIFIA MAP-21 authorized contract authority to match available annual obligation limitations and fund program administrative expenses. The progress of these projects can be tracked on the TIFIA website at: http://www.dot.gov/tifia/financing-requests.
Formal Applications
The Department of Transportation has invited 14 projects to-date to formally submit applications and has approved 12 applications totaling nearly $7.3 billion in TIFIA credit assistance as of September 30, 2014 under the MAP-21 NOFA. A record number of 10 applications were approved in FY 2013 alone.
The enclosed summary table provides each project’s name, modal type, sponsor, location, requested credit assistance amount, LOI receipt date, application submission date, application completeness notification date, and application approval date.
I have sent a similar letter to the Chairman and Ranking Member of the Senate Committee on Environment and Public Works and the Ranking Member of the House Committee on Transportation and Infrastructure.
If I can provide additional information or assistance, please feel free to call me.
Sincerely,
Anthony R. Foxx
Enclosure
The Honorable Nick J. Rahall, II
Ranking Member
Committee on Transportation and Infrastructure
U.S. House of Representatives
Washington, DC 20515
Dear Congressman Rahall:
This letter constitutes the Fiscal Year (FY) 2014 Report to Congress on the Transportation Infrastructure Finance and Innovation Act (TIFIA) projects whose sponsors submitted letters of interest under the Moving Ahead for Progress in the 21st Century Act (MAP–21). Section
609(b) of Title 23, United States Code, as amended by MAP-21, requires the Secretary of Transportation to submit an application process report to the Senate Committee on Environment and Public Works and the House Committee on Transportation and Infrastructure that includes a list of all letters of interest and applications received from project sponsors during the preceding fiscal year.
Background on the TIFIA Credit Program
TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide three forms of credit assistance—secured (direct) loans, loan guarantees, and standby lines of credit. The program’s fundamental goal is to leverage Federal funds by attracting substantial private and other non-Federal co-investment to make critical improvements to the Nation’s surface transportation system.
DOT awards credit assistance to eligible applicants, which include State departments of transportation, transit operators, special authorities, local governments, and private entities. Highway, transit, passenger rail, certain freight facilities, certain port projects, and rural infrastructure projects may receive credit assistance through the TIFIA program.
Changes under MAP-21
MAP-21 authorized $750 million in FY 2013 and $1 billion in FY 2014 (a total of $1.75 billion for both fiscal years) contract authority for the TIFIA program to cover the budgetary cost/subsidy cost of providing credit assistance. The Department estimates that this cumulative budget authority can in turn be leveraged to provide approximately $17.5 billion in credit assistance to help fund up to $50 billion for surface transportation investment.
Page 2
The Honorable Nick J. Rahall, II
Summary of Activities
On July 31, 2012, the Department published a Notice of Funding Availability (NOFA) in the Federal Register that outlines the credit assistance review process and invites project sponsors to submit a letter of interest (LOI) for TIFIA credit assistance on a rolling basis. The TIFIA JPO performs a project creditworthiness review and upon a positive evaluation, issues a formal invitation to apply for credit assistance. A decision on the assistance is rendered by the Secretary within 60 days after DOT notifies a project sponsor of application completeness.
It is important to note that the speed by which projects advance through the TIFIA credit assistance process is dependent, in part, on the ability of project sponsors to provide required credit and financial information and utilize TIFIA’s standard loan terms. The Department’s TIFIA program guide, standard loan agreement template, and sample term sheet will assist project sponsors in moving through the process.
The Department works closely with project sponsors to ensure that the requirements of each phase can be met in a timely manner while balancing the burden on project sponsors with the need to safeguard Federal resources.
This report includes a summary of activity on all of the letters of interest and applications received from project sponsors from the enactment of MAP-21 on July 6, 2012 to September 30, 2014.
Letters of Interest
The Department has received 43 letters of interest for project sponsors seeking approximately $19 billion in credit assistance. Submissions have varied in terms of project type, credit assistance request amount, procurement method, and project location. DOT has seen growing interest in credit assistance from States that had not previously used TIFIA credit assistance for an array of projects across urban, suburban, and rural communities.
Of the 43 projects seeking assistance, 29 LOIs were submitted for highway projects, 11 for transit projects, and three for multimodal projects. In terms of total credit assistance requested, 63% was requested for highway projects and 33% was requested for transit projects, with the remaining balance being requested for multimodal projects.
Page 3
The Honorable Nick J. Rahall, II
As a part of the LOI review process, the Department has provided and committed approximately $1 billion in MAP-21 contract authority for 28 projects that have reached financial close or are reasonably expected to meet creditworthiness and eligibility rules. After accounting for the commitments, which include obligations for closed loans as well as administrative funding reservations for letters of interest and applications being advanced in the TIFIA review process, the Department has approximately $700 million in contract authority with multi-year availability remaining to cover the cost of extending new loans for MAP-21 projects. This $700 million accounts for the reduction of TIFIA MAP-21 authorized contract authority to match available annual obligation limitations and fund program administrative expenses. The progress of these projects can be tracked on the TIFIA website at: http://www.dot.gov/tifia/financing-requests.
Formal Applications
The Department of Transportation has invited 14 projects to-date to formally submit applications and has approved 12 applications totaling nearly $7.3 billion in TIFIA credit assistance as of September 30, 2014 under the MAP-21 NOFA. A record number of 10 applications were approved in FY 2013 alone.
The enclosed summary table provides each project’s name, modal type, sponsor, location, requested credit assistance amount, LOI receipt date, application submission date, application completeness notification date, and application approval date.
I have sent a similar letter to the Chairman and Ranking Member of the Senate Committee on Environment and Public Works and the Chairman of the House Committee on Transportation and Infrastructure.
If I can provide additional information or assistance, please feel free to call me.
Sincerely,
Anthony R. Foxx
Enclosure
The Honorable Barbara Boxer
Chairman
Committee on Environment and Public Works
United States Senate
Washington, DC 20510
Dear Chairman Boxer:
This letter constitutes the Fiscal Year (FY) 2014 Report to Congress on the Transportation Infrastructure Finance and Innovation Act (TIFIA) projects whose sponsors submitted letters of interest under the Moving Ahead for Progress in the 21st Century Act (MAP–21). Section
609(b) of Title 23, United States Code, as amended by MAP-21, requires the Secretary of Transportation to submit an application process report to the Senate Committee on Environment and Public Works and the House Committee on Transportation and Infrastructure that includes a list of all letters of interest and applications received from project sponsors during the preceding fiscal year.
Background on the TIFIA Credit Program
TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide three forms of credit assistance—secured (direct) loans, loan guarantees, and standby lines of credit. The program’s fundamental goal is to leverage Federal funds by attracting substantial private and other non-Federal co-investment to make critical improvements to the Nation’s surface transportation system.
DOT awards credit assistance to eligible applicants, which include State departments of transportation, transit operators, special authorities, local governments, and private entities. Highway, transit, passenger rail, certain freight facilities, certain port projects, and rural infrastructure projects may receive credit assistance through the TIFIA program.
Changes under MAP-21
MAP-21 authorized $750 million in FY 2013 and $1 billion in FY 2014 (a total of $1.75 billion for both fiscal years) contract authority for the TIFIA program to cover the budgetary cost/subsidy cost of providing credit assistance. The Department estimates that this cumulative budget authority can in turn be leveraged to provide approximately $17.5 billion in credit assistance to help fund up to $50 billion for surface transportation investment.
Page 2
The Honorable Barbara Boxer
Summary of Activities
On July 31, 2012, the Department published a Notice of Funding Availability (NOFA) in the Federal Register that outlines the credit assistance review process and invites project sponsors to submit a letter of interest (LOI) for TIFIA credit assistance on a rolling basis. The TIFIA JPO performs a project creditworthiness review and upon a positive evaluation, issues a formal invitation to apply for credit assistance. A decision on the assistance is rendered by the Secretary within 60 days after DOT notifies a project sponsor of application completeness.
It is important to note that the speed by which projects advance through the TIFIA credit assistance process is dependent, in part, on the ability of project sponsors to provide required credit and financial information and utilize TIFIA’s standard loan terms. The Department’s TIFIA program guide, standard loan agreement template, and sample term sheet will assist project sponsors in moving through the process.
The Department works closely with project sponsors to ensure that the requirements of each phase can be met in a timely manner while balancing the burden on project sponsors with the need to safeguard Federal resources.
This report includes a summary of activity on all of the letters of interest and applications received from project sponsors from the enactment of MAP-21 on July 6, 2012 to September 30, 2014.
Letters of Interest
The Department has received 43 letters of interest for project sponsors seeking approximately $19 billion in credit assistance. Submissions have varied in terms of project type, credit assistance request amount, procurement method, and project location. DOT has seen growing interest in credit assistance from States that had not previously used TIFIA credit assistance for an array of projects across urban, suburban, and rural communities.
Of the 43 projects seeking assistance, 29 LOIs were submitted for highway projects, 11 for transit projects, and three for multimodal projects. In terms of total credit assistance requested, 63% was requested for highway projects and 33% was requested for transit projects, with the remaining balance being requested for multimodal projects.
Page 3
The Honorable Barbara Boxer
As a part of the LOI review process, the Department has provided and committed approximately $1 billion in MAP-21 contract authority for 28 projects that have reached financial close or are reasonably expected to meet creditworthiness and eligibility rules. After accounting for the commitments, which include obligations for closed loans as well as administrative funding reservations for letters of interest and applications being advanced in the TIFIA review process, the Department has approximately $700 million in contract authority with multi-year availability remaining to cover the cost of extending new loans for MAP-21 projects. This $700 million accounts for the reduction of TIFIA MAP-21 authorized contract authority to match available annual obligation limitations and fund program administrative expenses. The progress of these projects can be tracked on the TIFIA website at: http://www.dot.gov/tifia/financing-requests.
Formal Applications
The Department of Transportation has invited 14 projects to-date to formally submit applications and has approved 12 applications totaling nearly $7.3 billion in TIFIA credit assistance as of September 30, 2014 under the MAP-21 NOFA. A record number of 10 applications were approved in FY 2013 alone.
The enclosed summary table provides each project’s name, modal type, sponsor, location, requested credit assistance amount, LOI receipt date, application submission date, application completeness notification date, and application approval date.
I have sent a similar letter to the Chairman and Ranking Member of the House Committee on Transportation and Infrastructure and Ranking Member of the Senate Committee on Environment and Public Works.
If I can provide additional information or assistance, please feel free to call me.
Sincerely,
Anthony R. Foxx
Enclosure
The Honorable David Vitter
Ranking Member
Committee on Environment and Public Works
United States Senate
Washington, DC 20510
Dear Senator Vitter:
This letter constitutes the Fiscal Year (FY) 2014 Report to Congress on the Transportation Infrastructure Finance and Innovation Act (TIFIA) projects whose sponsors submitted letters of interest under the Moving Ahead for Progress in the 21st Century Act (MAP–21). Section
609(b) of Title 23, United States Code, as amended by MAP-21, requires the Secretary of Transportation to submit an application process report to the Senate Committee on Environment and Public Works and the House Committee on Transportation and Infrastructure that includes a list of all letters of interest and applications received from project sponsors during the preceding fiscal year.
Background on the TIFIA Credit Program
TIFIA established a Federal credit program for eligible transportation projects of national or regional significance under which the U.S. Department of Transportation (DOT) may provide three forms of credit assistance—secured (direct) loans, loan guarantees, and standby lines of credit. The program’s fundamental goal is to leverage Federal funds by attracting substantial private and other non-Federal co-investment to make critical improvements to the Nation’s surface transportation system.
DOT awards credit assistance to eligible applicants, which include State departments of transportation, transit operators, special authorities, local governments, and private entities. Highway, transit, passenger rail, certain freight facilities, certain port projects, and rural infrastructure projects may receive credit assistance through the TIFIA program.
Changes under MAP-21
MAP-21 authorized $750 million in FY 2013 and $1 billion in FY 2014 (a total of $1.75 billion for both fiscal years) contract authority for the TIFIA program to cover the budgetary cost/subsidy cost of providing credit assistance. The Department estimates that this cumulative budget authority can in turn be leveraged to provide approximately $17.5 billion in credit assistance to help fund up to $50 billion for surface transportation investment.
Page 2
The Honorable David Vitter
Summary of Activities
On July 31, 2012, the Department published a Notice of Funding Availability (NOFA) in the Federal Register that outlines the credit assistance review process and invites project sponsors to submit a letter of interest (LOI) for TIFIA credit assistance on a rolling basis. The TIFIA JPO performs a project creditworthiness review and upon a positive evaluation, issues a formal invitation to apply for credit assistance. A decision on the assistance is rendered by the Secretary within 60 days after DOT notifies a project sponsor of application completeness.
It is important to note that the speed by which projects advance through the TIFIA credit assistance process is dependent, in part, on the ability of project sponsors to provide required credit and financial information and utilize TIFIA’s standard loan terms. The Department’s TIFIA program guide, standard loan agreement template, and sample term sheet will assist project sponsors in moving through the process.
The Department works closely with project sponsors to ensure that the requirements of each phase can be met in a timely manner while balancing the burden on project sponsors with the need to safeguard Federal resources.
This report includes a summary of activity on all of the letters of interest and applications received from project sponsors from the enactment of MAP-21 on July 6, 2012 to September 30, 2014.
Letters of Interest
The Department has received 43 letters of interest for project sponsors seeking approximately $19 billion in credit assistance. Submissions have varied in terms of project type, credit assistance request amount, procurement method, and project location. DOT has seen growing interest in credit assistance from States that had not previously used TIFIA credit assistance for an array of projects across urban, suburban, and rural communities.
Of the 43 projects seeking assistance, 29 LOIs were submitted for highway projects, 11 for transit projects, and three for multimodal projects. In terms of total credit assistance requested, 63% was requested for highway projects and 33% was requested for transit projects, with the remaining balance being requested for multimodal projects.
Page 3
The Honorable David Vitter
As a part of the LOI review process, the Department has provided and committed approximately $1 billion in MAP-21 contract authority for 28 projects that have reached financial close or are reasonably expected to meet creditworthiness and eligibility rules. After accounting for the commitments, which include obligations for closed loans as well as administrative funding reservations for letters of interest and applications being advanced in the TIFIA review process, the Department has approximately $700 million in contract authority with multi-year availability remaining to cover the cost of extending new loans for MAP-21 projects. This $700 million accounts for the reduction of TIFIA MAP-21 authorized contract authority to match available annual obligation limitations and fund program administrative expenses. The progress of these projects can be tracked on the TIFIA website at: http://www.dot.gov/tifia/financing-requests.
Formal Applications
The Department of Transportation has invited 14 projects to-date to formally submit applications and has approved 12 applications totaling nearly $7.3 billion in TIFIA credit assistance as of September 30, 2014 under the MAP-21 NOFA. A record number of 10 applications were approved in FY 2013 alone.
The enclosed summary table provides each project’s name, modal type, sponsor, location, requested credit assistance amount, LOI receipt date, application submission date, application completeness notification date, and application approval date.
I have sent a similar letter to the Chairman and Ranking Member of the House Committee on Transportation and Infrastructure and to the Chairman of the Senate Committee on Environment and Public Works.
If I can provide additional information or assistance, please feel free to call me.
Sincerely,
Anthony R. Foxx
Enclosure
Report to Congress on FY 2014 Transportation Infrastructure Finance and Innovation Act (TIFIA) Letters of Interest and Applications
Under Moving Ahead for Progress in the 21st Century Act
MAP-21 TIFIA Project Status Report | |||||||||
Project Name | Type | Project Sponsor | Location | Requested1Assistance | Receipt of LOI | Application Submission | Application Completeness | Application Approval | |
Route 460 | Highway | Virginia Department of Transportation | Southeast VA | $424 | 8/2/2012 | Withdrawn from LOI Process | |||
I-77 | Highway | North Carolina Department of Transportation | Charlotte, NC | $221 | 8/7/2012 | ||||
Knik Arm | Highway | Knik Arm Bridge and Toll Authority | Anchorage, AK | $500 | 8/14/2012 | Legislative milestones to be completed | |||
SH 288 | Highway | Texas Department of Transportation | Houston, TX | $108 | 8/22/2012 | ||||
Grand Parkway (SH 99) | Highway | Texas Department of Transportation | Houston, TX | $1,064 | 8/22/2012 | 9/24/2013 | 10/16/2013 | 12/19/2013 | |
IH 35 E | Highway | Texas Department of Transportation | Dallas/Denton Counties, TX | $566 | 8/22/2012 | 9/19/2014 | 10/3/2014 | 11/6/2014 | |
Mid-Currituck Bridge | Highway | North Carolina Department of Transportation | Outer Banks, NC | $183 | 8/27/2012 | Environmental and permitting milestones to be completed | |||
Tappan Zee Bridge | Highway | NY State Thruway Authority | Rockland/ Westchester County, NY | $2,891 | 9/5/2012 | 9/25/2013 | 10/16/2013 | 10/31/2013 | |
CDA ConRAC ATS | Multi modal | Chicago Dept. of Aviation | Chicago, IL | $252 | 9/7/2012 | 6/14/2013 | 7/11/2013 | 8/21/2013 | |
Northwest Corridor | Highway | Georgia Department of Transportation | Atlanta, GA | $375 | 9/17/2012 | 9/25/2013 | 10/16/2013 | 11/13/2013 | |
Chicago Riverwalk/ Wacker Drive | Highway | Chicago Department of Transportation | Chicago, IL | $93 | 9/24/2012 | 4/16/2013 | 5/9/2013 | 6/11/2013 | |
Downtown Crossing | Highway | Kentucky Public Transportation Infrastructure Authority | Louisville, KY/IN | $324 | 9/27/2012 | 9/9/2013 | 10/4/2013 | 11/13/2013 | |
Kansas City Streetcar | Transit | City of Kansas City | Kansas City, MO | $33 | 9/28/2012 | ||||
Iberville Project | Transit | City of New Orleans | New Orleans, LA | $61 | 9/28/2012 | Project scope milestones to be completed | |||
I-49 North | Highway | Louisiana Department of Transportation & Development | Shreveport, LA | $85 | 10/2/2012 | Withdrawn from LOI Process | |||
________________________
[1] Requested TIFIA credit assistance amounts are derived from original LOI requests. Project sponsors retain the flexibility to modify the requested amount of assistance throughout the review process, and project costs are subject to eligibility review. As such, final loan amounts may vary from the amount of the original request.
Project Name | Type | Project Sponsor | Location | Requested[1]Assistance | Receipt of LOI | Application Submission | Application Completeness | Application Approval |
Dulles Metro | Transit | Metropolitan Washington Airports Authority | Northern VA | $2,940 | 10/5/2012 | 3/26/2014 | 4/9/2014 | 5/9/2014 |
LA 1 Toll Road | Highway | Louisiana Department of Transportation & Development | Lafourche Parish, LA | $175 | 10/12/2012 | 8/7/2013 | 8/29/2013 | 10/28/2013 |
Southeastern Tour Bus | Transit | Southeastern Tours Inc. | Wilson, NC | $1 | 10/24/2012 | Not eligible | ||
Portsmouth Bypass | Highway | Ohio Department of Transportation | Portsmouth, OH | $345 | 11/2/2012 | |||
South Padre Island | Highway | Cameron County Regional Mobility Authority | Cameron County, TX | $330 | 11/12/2012 | Procurement and Environmental milestones to be completed | ||
Westside Subway | Transit | Los Angeles County Metropolitan Transportation Authority | Los Angeles, CA | $856 | 11/21/2012 | 8/14/2013 | 8/29/2013 | 10/28/2013 |
Regional Connector | Transit | Los Angeles County Metropolitan Transportation Authority | Los Angeles, CA | $160 | 11/21/2012 | 8/14/2013 | 8/29/2013 | 10/28/2013 |
East Link | Transit | Sound Transit | Seattle, Washington | $1,045 | 12/5/2012 | 8/11/2014 | 9/10/2014 | 11/6/2014 |
Southern Beltway | Highway | Pennsylvania Turnpike Commission | Allegheny County, PA | $129 | 12/14/2012 | Legislative funding milestones to be completed | ||
US 301 | Highway | Delaware Department of Transportation | New Castle County, DE | $189 | 1/2/2013 | |||
I-4 Ultimate Improvements | Highway | Florida Department of Transportation | Orlando, FL | $906 | 1/16/2013 | 7/24/2014 | 8/21/2014 | 9/4/2014 |
Thomas Roads Improvement Program | Highway | City of Bakersfield | Kern County, CA | $249 | 2/22/2013 | Procurement and Environmental milestones to be completed | ||
Advanced Driving Academic | Highway | Telurex | Chandler, AZ | $3 | 4/19/2013 | Not Eligible | ||
Purple Line | Transit | Maryland Department of Transportation | Montgomery County, MD | $732 | 8/9/2013 | |||
CTA Railcars | Transit | Chicago Transit Authority | Chicago, IL | $250 | 8/17/2013 | |||
Wekiva Parkway | Highway | Orlando-Orange County Expressway Authority | Orange County, FL | $354 | 8/13/2013 | |||
Project NEON | Highway | Nevada Department of Transportation | Las Vegas, NV | $254 | 8/19/2013 | |||
Project Name | Type | Project Sponsor | Location | Requested[1]Assistance | Receipt of LOI | Application Submission | Application Completeness | Application Approval |
Illiana Corridor-Illinois Portion | Highway | Illinois Department of Transportation | Wilmington, IL | $562 | 11/7/2013 | |||
Illiana -Corridor Indian Portion | Highway | Indiana Department of Transportation | Lowell, IN | $119 | 11/12/2013 | |||
Gerald Desmond Bridge2 | Highway | Port of Long Beach | Long Beach, CA | $325 | 11/20/2013 | 3/5/2014 | 4/2/2014 | 5/9/2014 |
SH 1832 | Highway | Texas Department of Transportation | Dallas, TX | $433 | 12/29/2013 | Feasibility study milestones to be completed | ||
East End2 Crossing | Highway | Indiana Finance Authority | Clark County, IN | $132 | 3/26/2014 | |||
Chesapeake Bay Bridge Tunnel | Highway | Chesapeake Bay Bridge Tunnel District | Cape Charles, VA | $346 | 4/3/2014 | Feasibility study and Environmental milestones to be completed | ||
183 S | Highway | Central Texas Regional Mobility Authority | Austin, TX | $364 | 4/16/2014 | |||
Blue Line Modernization | Transit | Chicago Transit Authority | Chicago, IL | $120 | 6/24/2014 | |||
Tampa ConRAC | Multi Modal | Hillsborough Aviation Authority | Tampa, FL | $196 | 2/17/2014 | Withdrawn from LOI Process | ||
Riverside Station Redevelopment | Multi Modal | Massachusetts Bay Transportation Authority | Newton, MA | $20 | 7/23/2014 | |||
Morgantown PRT Modernization | Transit | West Virginia University | Morgantown, WV | $32 | 9/5/2014 | |||
[1] Requested TIFIA credit assistance amounts are derived from original LOI requests. Project sponsors retain the flexibility to modify the requested amount of assistance throughout the review process, and project costs are subject to eligibility review. As such, final loan amounts may vary from the amount of the original request.
2 Project is a resubmission of previous Letter of Interest