L.A. Metro Approves $798 Million Amendment for Final Foothill Gold Line Segment
The L.A. Metro Board has approved a $798 million amendment to its funding agreement with the Foothill Gold Line Construction Authority. Pending ratification by the Foothill Gold Line Construction Authority Board, this agreement ensures completion of the Los Angeles...
$114 Million Allocated Across 23 Transportation Projects by Georgia DOT
The Georgia Department of Transportation awarded $114 million to 23 projects in September 2024, with 58% of the funding going to resurfacing contracts, 29% to bridge construction, 9% to rehabilitation, 3% to safety, and the remaining 1% to bridge rehabilitation....
Miami-Dade County Receives $389.5 Million Grant for Northeast Corridor Rapid Transit Project
The Miami-Dade Department of Transportation and Public Works has secured $389.5 million from the Federal Transit Administration under the Capital Investment Grant Program for its $927.3 million Northeast Corridor Rapid Transit Project, a key initiative of the county’s...
Port of Kalama, WA Receives $26.32M for Rail Expansion
A $26.32 million federal grant is coming to the Port of Kalama in Washington for the replacement of rail tracks at the port's Tacoma Export Marketing Co. (TEMCO) Terminal, which is expected to help increase grain loading speed from rail to ship by up to 30%. The...
$2 Billion Bond Issuance Completed for JFK Terminal 6 Development
JFK Millennium Partners has successfully completed a nearly $2 billion bond issuance for the construction and operation of the new JFK Terminal 6, marking one of the top three largest municipal bond financings at a U.S. airport since 2021. The bond deal includes $1.85...
Honolulu Airport Secures $17M for Upgrades
Daniel K. Inouye International Airport in Honolulu, Hawaii, is set to receive $17 million in grants from the Federal Aviation Administration to upgrade its fire safety systems. The funding, made possible through the Bipartisan Infrastructure Law, will go toward a $7.3...
TxDOT Breaks Ground on $4.5B I-35 Expansion Project
The Texas Department of Transportation has officially broken ground on the $4.5 billion I-35 Capital Express Central project, which will add two non-tolled high-occupancy vehicle lanes in each direction along I-35 from US 290 East to SH 71/Ben White Boulevard. This...
FHA Awards $635 Million for 22 U.S. Bridge Projects
The Federal Highway Administration has announced nearly $635 million in funding for 22 bridge projects located in both urban and rural areas across the U.S. Made possible through the Bipartisan Infrastructure Law, this investment is part of a $40 billion, five-year...
Federal Railroad Administration Awards $2.4 Billion in CRISI Grants for Rail Projects
The Federal Railroad Administration has awarded over $2.4 billion in Consolidated Rail Infrastructure and Safety Improvements (CRISI) grants to finance 122 rail projects across the country, targeting infrastructure improvements, job training, and research or...
Public-Private Partnership Secures $80 Million Grant for AllianceTexas Smart Port Project
The public-private partnership between the North Central Texas Council of Governments, Hillwood, the Texas Department of Transportation, the City of Fort Worth, and the City of Haslet has successfully secured an $80 million federal grant from the U.S. Department of...