Shutts & Bowen LLP Jacksonville partner Tala Woods recently authored an article in the Jacksonville Business Journal discussing the U.S. Department of Transportation’s new federal loan program.

In the article titled “New fed loan program could help financing,” Tala describes how the new TIFIA loan could impact qualifying projects. Tala writes that the “Build America Bureau recently announced its first Transportation Infrastructure Financing and Innovation Act (“TIFIA”) loan for transit-oriented development projects (“TODs”). TIFIA loans support transportation development with a variety of financing structures, including public-private partnerships and private activity bonds.” 

Tala explains that “TIFIA loans for TODs provide financing for capital projects located within walking distance of, and accessible to, a transit facility, passenger rail station, intercity bus station, or intermodal facility.” The article also addresses the impact the TIFIA loan for TODs could have in Jacksonville, Florida.

To read the full article, click here.

 

About Tala Woods

Tala A. Woods is a Partner in the Jacksonville office of Shutts & Bowen LLP, where she is a member of the Corporate Practice Group. Tala focuses her practice on public finance and corporate law. She has experience in a variety of public finance transactions including governmental bonds and private activity bonds. She has represented issuers of certificates of participation, revenue bonds, refunding bonds, variable rate debt obligations and tax-exempt leasing.