The Napa Valley Transportation Authority (NVTA) is getting a financial boost for its Vine Bus Maintenance Facility Project in the form of a U.S. Department of Transportation (DOT) Infrastructure Finance and Innovation Act (TIFIA) loan.
The $19.92 million loan will be used to build a 31,504-square-foot maintenance facility expected to have a 40-year useful lifespan to replace a location that the NVTA currently leases, according to a DOT press release.
“The new bus facility will help modernize Napa Valley transit buses as they transition to electric,” U.S. Department of Transportation Secretary Pete Buttigieg said in the release. “This project will invest in the community’s infrastructure, create jobs, improve safety and combat climate change.”
TIFA and other land transportation infrastructure funds are made possible through its Build America Bureau, which was established during the Obama administration to address myriad challenges and enable states to work with projects sponsors to ensure that work is completed. The release also noted that the 35-year loan for the NVTA project was made possible through the Rural Projects Initiative.
The NVTA project will offer a range of positive benefits for the community by addressing its transportation needs while at the same time reducing the carbon footprint that comes from personal vehicles.
The DOT, in its release, said the NVTA project is expected to create 624 jobs, directly and indirectly, and drive growth and development in the community. According to the DOT’s Build America Bureau, the RPI is designed to target infrastructure efforts in rural America.
