TITLE

Private Company Joins States in Bid for TIFIA Help

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/9/2003, Vol. 344 Issue 31652, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
10022198

 

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