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Secretary Foxx Announces $840 Million Loan for the Grand Parkway Project in Greater Houston

Washington, D.C - U.S. Transportation Secretary Anthony Foxx today announced the closing of an $840 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the Grand Parkway Project in greater Houston that will improve safety and add highway capacity in this fast-growing region of Texas. The completed Grand Parkway Project will be a four-lane, 55-mile toll road in northwest Harris County and southeast Montgomery County. The TIFIA loan will go toward the design and construction of specific sections of the project.

Read the full Press Release (February 6, 2014)

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