A $162 million loan for a bridge project on the Ohio River was approved by the Department of Transportation (USDOT), Transportation Secretary Anthony Foxx announced Thursday.
The East End Crossing on the Louisville – Southern Indiana Ohio River Bridges Project will give both communities easier access to the other and provide congestion relief in other crossing areas. This $1.27 billion project will connect Louisville, Kentucky, and Utica, Indiana. The loan is awarded through the Transportation Infrastructure and Innovation Act (TIFIA).
"This project will relieve congestion and stimulate the economy of the entire Louisville-Southern Indiana region both today and for years to come," Foxx said. "Projects like this reinforce the need for the administration's GROW AMERICA Act, a $478 billion bill that provides funding over six years so states and communities will have stable funding long enough to make big infrastructure projects a reality."
This project is a part of a larger initiative between Kentucky and Indiana to promote connectivity. Two new bridges are planned in order to meet regional transportation and transit needs including the Downtown Crossing, which has received a $452 million TIFIA loan.
Current TIFIA investment in this area totals $604 million.
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