The Infrastructure for Rebuilding America (INFRA) grants assist with projects that demonstrate economic significance. The Biden administration issued the announcement to coincide with the fifth anniversary of the department’s Build America Bureau, which is tasked with managing the funding distribution. There also is the Arthur Kill Lift Bridge Capital Renovation Project in New York City, the Boylan Wye Grade-Separated Crossing at West Street in Raleigh, N.C., and the Palm Avenue and I-805 Interchange Project in San Diego. Louis Freight Corridor by the Missouri Department of Transportation. The INFRA Extra projects include the California High-Speed Rail Authority, the Charleston Boulevard Underpass Project in Las Vegas, the state Route 7 grade-crossing by the Ohio Department of Transportation, and the North St. These INFRA Extra projects often have large financing requirements and garner support because of their economic and quality-of-life benefits in communities and surrounding areas. This modified assistance, referred to as INFRA Extra, would be for up to 49% of the project’s cost. Bethany Dixon of Drivers Health Clinic share their insights. Hear a snippet above, and get the full program by going to .įorty-four projects under consideration for a grants program known as INFRA will be able to apply for credit assistance via the department’s signature loan program. The Orange County project consists of a 16-mile stretch on I-405 between state Route 73 and I-605.ĭrivers want good health and education on emerging technologies. It is meant to assist with financing construction costs for a general-purpose lane and a toll lane in each direction. This Transportation Infrastructure Finance and Innovation Act loan for the Orange County project is an update of a loan issued in 2017. The Orange County Transportation Authority received a direct loan for up to $628.9 million for the Interstate 405 improvement project, according to an announcement this month by the department’s Build America Bureau. Department of Transportation announced recently.
The Orange County Transportation Authority received a direct loan for up to $628.9 million for the Interstate 405 improvement project, (Orange County Transportation Authority via Twitter)Ī key corridor in Orange County, Calif., is the recent recipient of additional federal funding assistance to expand highway access in the region, the U.S.
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