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

Transportation secretary: $275M loan for project

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ATLANTA (AP) -

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.

 

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