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The Virginia Planning Hub serves as a clearinghouse, where readers can find community planning stories, news and notices from across the Commonwealth of Virginia. A series of Planning Hub blogs cover topics such as housing, environmental issues, coastal planning, current development and more. Refer to the side bar for these blogs and updates as they arise.

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Saturday, May 10, 2014

Feds Approve Critical Element Of Silver Line Financing; TIFIA Loan To Keep Toll Rates Lower

Loudoun County:
“The U.S. Department of Transportation has approved a $1.9 billion low-interest Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for the Dulles Corridor Metrorail Project—an action that will lessen rate hikes on the Dulles Toll Road.

It is the largest loan in the TIFIA program's history and will allow the MWAA  to proceed with its construction plans for Phase II of the 23-mile Silver Line extension to Dulles Airport and Ashburn.”
~Writes  Leesburg Today

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