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TDOT update: federal reallocation from TIFIA to STBG/TAP will add funds for MPOs
Summary
TDOT staff reported that a federal reallocation of previously unused TIFIA loan authority has been converted to STBG and Transportation Alternatives funds; Tennessee’s share is roughly $34 million additional STBG and $4 million in TA, with larger MPOs receiving an estimated $1.7 million STBG each.
TDOT representatives informed the TPO that on March 11 the Federal Highway Administration reallocated unused TIFIA funding into Surface Transportation Block Grant (STBG) and Transportation Alternatives (TA) funds and indicated the state’s approximate share.
Matt Mazurvi, TDOT Planning…
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