TIFIA Used In Highly Populated Areas
Published March 11, 2013 3:34 PM
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Updated March 11, 2013 5:01 PM
1 Min Read
Related article: TIFIA Program Has Limited Appeal for Most States The Transportation Infrastructure Finance and Innovation Act has been touted by many as a crucial funding source for major projects, but most states have never used the program and say it has little value for them. The Bond Buyer's Kyle Glazier found that TIFIA loans and loan guarantees are mostly used in populated states. The Intercounty Connector in Maryland, which will link areas between the I-270/I-370 and I-95/US 1 corridors in central and eastern Montgomery County and northwestern Prince George's County, received $516 million of TIFIA assistance. (Image: AGC of America)
The Midtown Tunnels, which will link Norfolk and Portsmouth in Virginia, obtained $422 million under the TIFIA program. (Image: VDOT)
The Pocahontas Parkway in Richmond, Va. received $150 million in TIFIA assistance. (Image: VDOT)
The SR 520 Floating Bridge project in Seattle, Wash., was given $300 million under TIFIA. (Image: WSDOT)
The I-595 Corridor Roadway Improvements in Broward County, Fla., received $603 million in TIFIA assistance. (Image: FDOT)
Presidio Parkway in San Francisco obtained $150 million under the TIFIA program.
The Central Texas Turnpike System was given $900 million of TIFIA assistance. (Image: Thinkstock)
The IH 635 Managed Lanes project in the Dallas, Texas area received $850 million under TIFIA.
