Private Company Joins States in Bid for TIFIA Help

Sanchez, Humberto
June 2003
Bond Buyer;6/9/2003, Vol. 344 Issue 31652, p5
Trade Publication
Sponsors of transportation projects in Maryland and Louisiana have notified the U.S. Department of Transportation (DOT) that they are considering applying for about 1.04 billion dollars of the 2.6 billion dollars in credit assistance available in fiscal 2003 under the department's Transportation Infrastructure Financing and Innovation Act (TIFIA) program. In Maryland, the state's Department of Transportation is exploring the possibility of obtaining a roughly 1 billion dollar TIFIA loan to help pay for a proposed 4.4 billion dollar high-speedmagnetic levitation train between Baltimore, Maryland and Washington D.C.


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