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USDOT’s Build America Bureau provides loan for 183N Mobility Project, US [free access]

December 28, 2021

The U.S. Department of Transportation (USDOT) has announced that its Build America Bureau has provided a USD250.29 million 35-year, low-interest loan to the Central Texas Regional Mobility Authority (CTRMA) for the 183N Mobility Project in the Austin metropolitan area.

 

The 183N Mobility Project involves construction of two express lanes in each direction along US 183 extending from SH 45N/RM 620 to State Loop 1 (MoPac), a distance of approximately 14.48 km, and the addition of a fourth general-purpose lane in areas where there is not one currently. The express lanes will allow Capital Metro to increase bus service during peak periods. The project also includes building auxiliary lanes, shared-use paths, sidewalks, and bicycle/pedestrian facilities.

 

Capital Metro has procured almost 200 new electric buses which will be deployed on the corridor.