Categories: Mount Kisco

Record $1.6 Billion Loan Approved To Build New Tappan Zee Bridge | Mt Kisco NY Homes

The Department of Transportation has approved a record loan of up to $1.6 billion for construction of a new Tappan Zee Bridge, Congresswoman Nita Lowey announced in a press release today.

The largest-ever loan is part of the DOT’s Transportation Infrastructure Finance and Innovation Act (TIFIA) program.

“This is a huge milestone for the construction of a New Tappan Zee Bridge, a critical link in our region’s infrastructure system and lifeline for commuters and businesses,” Lowey said in the release. “I am excited that the DOT has approved the largest ever TIFIA loan for a transportation project and that the work on a new bridge can continue to move forward.

“The construction will continue to create jobs and help New York’s economy grow. I was very pleased to work closely with Gov. Cuomo and our federal delegation throughout this long process to bring a new Tappan Zee Bridge to the Lower Hudson Valley.”

 

 

 

http://mtkisco.dailyvoice.com/news/record-16-billion-loan-approved-build-new-tappan-zee-bridge

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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