The Center for Innovative Finance Support (formerly Innovative Program Delivery) provides tools, expertise and financing to help the transportation community explore and implement innovative strategies to deliver costly and complex infrastructure projects.
The Center for Innovative Finance Support offers coordinated assistance with:
The Mississippi Department o Transportation has refunded Highway Enhancement through Local Partnership (HELP) bond on the I-269 project near Memphis, Tennessee. The reissue of the bonds at a lower interest rate will save $3.8 million.
Read the full article (July 19, 2017)
U.S. Transportation Secretary Elaine Chao announced the close of a $106.95 million loan to the Colorado High Performance Transportation Enterprise for the C-470 Express Lanes Project. The $325 million project will provide 12.5 miles of new Express Lanes and other improvements that will enhance mobility for all corridor users.
Read the full Press Release (June 14, 2017)
U.S. Transportation Secretary Elaine Chao announced that the Build America Bureau will provide a $99.6 million TIFIA loan to the City of Bellevue Washington to develop a combination of 12 multimodal roadways to support a the new BelRed neighborhood, a livable community located at the center of a regional system of interstate highways, local streets and transit facilities.
Read the full Press Release (June 12, 2017)