Federal Transportation Spending TIFIA Loan Program.
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Transcript of Federal Transportation Spending TIFIA Loan Program.
![Page 1: Federal Transportation Spending TIFIA Loan Program.](https://reader031.fdocuments.net/reader031/viewer/2022021723/5a4d1c077f8b9ab0599f1d01/html5/thumbnails/1.jpg)
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Federal Transportation Spending
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TIFIA Loan Program
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Benefits of TIFIA➔ Municipal bonds – interest rates are
related to credit rating and coverage ratios
➔ TIFIA provides same interest rate to all borrowers as long as the project is creditworthy – BBB minus, bbb minus
➔ Leaves more money for other project costs
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Benefits of TIFIA➔ Lock in interest rate before project
beginnings• Reduce uncertainty and potential for cost
overruns
➔ No interest – costs – until funds are accessed• Can backload the use of TIFIA loan proceeds to
reduce costs
➔ Deferred payments for up to 5 years
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Benefits of TIFIA
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TIFIA and Transit➔ Lynx light rail costs
$462M➔ Received a $192M
New Starts grant➔ What if they did not
get a New Starts grant?
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TIFIA and Transit
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TIFIA and Transit
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TIFIA and Transit
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New Orleans Streetcar
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Kansas City Streetcar
Source Amount (Millions)
Share
STP & CMAQ Grant
$17.3 17%
City/KCATA Funds $10.7 11%
Transportation District Revenues
$73.5 72%
Total $101.5 100%
![Page 14: Federal Transportation Spending TIFIA Loan Program.](https://reader031.fdocuments.net/reader031/viewer/2022021723/5a4d1c077f8b9ab0599f1d01/html5/thumbnails/14.jpg)
Market showing preference for walkable places
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Market showing preference for walkable places
![Page 16: Federal Transportation Spending TIFIA Loan Program.](https://reader031.fdocuments.net/reader031/viewer/2022021723/5a4d1c077f8b9ab0599f1d01/html5/thumbnails/16.jpg)
Market showing preference for walkable places
![Page 17: Federal Transportation Spending TIFIA Loan Program.](https://reader031.fdocuments.net/reader031/viewer/2022021723/5a4d1c077f8b9ab0599f1d01/html5/thumbnails/17.jpg)