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USDOT Approves $1.465 Billion in Funds for the LBJ Freeway in Dallas

Drivers in the Dallas-Fort Worth metro area will soon have more options to avoid traffic congestion and enjoy a smoother ride thanks to an $850 million loan from the U.S. Department of Transportation to reconstruct the existing road and add new toll lanes to I-635, more commonly known as the LBJ Freeway.

"The project will improve livability for area residents," said U.S. Transportation Secretary Ray LaHood. "It will reduce congestion, which will allow people to spend more time doing what they enjoy, and it will improve air quality and enhance safety."

The amount approved today represents the second-largest loan in the history of the Department's Transportation Infrastructure Finance and Innovation Act (TIFIA) Program, which encourages new ways of funding projects.

Read Secretary LaHood's Press Release, 6/22/10

Federal Highway Administration | 1200 New Jersey Avenue, SE | Washington, DC 20590 | 202-366-4000
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