The Illiana Expressway is eligible for a federal loan to allow the states to wrest a better deal from private investors and reduce the overall financing cost of the $1.5 billion project.
Indiana and Illinois are able to apply for a Transportation Infrastructure Finance and Innovation Act loan program that can lend money at a low fixed rate for up to one-third of the cost of the project….Please click here to read Keith Benman’s story in the Times.
Comments