U.S. Department of Transportation News: DOT Announces $46 Million Loan for Austin’s Manor Expressway Project

23Mar - by Editor - 0 - In STL.News

WASHINGTON (STL.News) – U.S. Transportation Secretary Elaine L. Chao Thursday announced that the U.S. Department of Transportation’s Build America Bureau will provide up to a $46.94 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Central Texas Regional Mobility Authority (CTRMA).  The loan is for the 290E Manor Expressway Phase III Project.

“This $46 million investment will help reduce congestion at a major intersection along US 290 Expressway, and will also improve reliability on this hurricane evacuation route,” said U.S.

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