Transportation secretary: $275M loan for project - CBS46 News

Transportation secretary: $275M loan for project

Posted: Updated:

U.S. Transportation Secretary Anthony Foxx says a $275 million federal loan will help fund a major highway project in the Atlanta area.

Foxx was in Atlanta on Thursday to announce funding for a plan to add reversible traffic lanes on heavily traveled Interstate 75 and I-575.

The almost 30-mile-long project is aimed at relieving congestion along the road during morning and evening rush hours.

The project will cost $834 million in all.

The highways are one of Georgia's most congested traffic corridors with more than 400,000 people living in the area.

Copyright 2013 Associated Press. All rights reserved.


Powered by WorldNow
CBS Atlanta
Powered by WorldNow
All content © 2000-2014 WorldNow and WGCL-TV. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.