New Transportation dollars from UDOT

LaHood: $17B available for transportation projects
Road and rail projects will benefit from $17 billion in federal loans over the next two years, Transportation Secretary Ray LaHood said Friday. The money comes from an expansion of the Transportation Infrastructure Finance and Innovation Act included in the recently passed surface transportation bill. “TIFIA offers flexible terms and gives many qualified, large-scale projects the extra boost they need to break ground and put people back to work,” LaHood said. “This is a sign that in a time of fiscal austerity, we can still do big things.” RTandS.com(7/27), The Hill/Transportation blog (7/27), The Press-Enterprise (Riverside, Calif.) (free registration) (7/28) LinkedInFacebookTwitterEmail this Story

 

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