http://transbayblog.com/2009/09/24/fta-and-tifia-funds-for-ac-transit-central-subway-and-transbay/ Transportation and urban planning in the San Francisco Bay Area Thu, 05 Jan 2012 19:20:09 +0000 hourly 1 http://wordpress.com/ http://transbayblog.com/2009/09/24/fta-and-tifia-funds-for-ac-transit-central-subway-and-transbay/#comment-8200 Thu, 28 Jan 2010 15:39:06 +0000 http://transbayblog.com/?p=5054#comment-8200 [...] list.  Also, this is not strictly speaking HSR stimulus news, but it is certainly relevant: the expected $171 million TIFIA loan, which has been included in Transbay’s funding portfolio, was [...]

]]> http://transbayblog.com/2009/09/24/fta-and-tifia-funds-for-ac-transit-central-subway-and-transbay/#comment-7945 Thu, 24 Sep 2009 17:52:49 +0000 http://transbayblog.com/?p=5054#comment-7945 It’s clearly preferable, as a general rule, to not borrow money if it can be avoided. I would also caution, though, against a “one size fits all” evaluation of TIFIA, and esp. comparing to the OAC, which is such an unusually bad project that spending $550 million will actually bring negative “benefit.”

]]> http://transbayblog.com/2009/09/24/fta-and-tifia-funds-for-ac-transit-central-subway-and-transbay/#comment-7944 Thu, 24 Sep 2009 17:38:42 +0000 http://transbayblog.com/?p=5054#comment-7944 TIFIA loans are bad – that’s the worst part of the BART financing scheme for OAC. The loan practically guarantees that the cost of the OAC is going to be borne by BART riders through fare hikes and service cuts. Can HSR afford to be in hock to the Feds?

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