|
|
Article: TIFIA Not Going Away, Though Future Funding Is Uncertain; Transportation Advocates Tout Program's Importance.(Market News)
- Article from:
- The Bond Buyer
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Audrey Dutton
DALLAS - The Transportation Infrastructure Finance and Innovation Act program is likely here to stay, though it is unclear how much funding it will receive in the future, federal officials said here yesterday.
"We need [TIFIA] more than perhaps we have ever before," Marshall Crawford, managing director of JPMorgan said at The Bond Buyer's 10th Annual Transportation Finance and Public-Private Partnerships Conference.
Crawford warned that because the current surface transportation law has not been reauthorized and TIFIA's future funding level is uncertain, transportation market participants should seek out other "market ...