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U.S. Department of Transportation Announces $255 Million Loan for New Railcars to Improve Transit Service in Chicago

U.S. Transportation Secretary Anthony Foxx today announced the closing of a $255 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Chicago Transit Authority (CTA) to buy new railcars, helping to modernize one of the oldest and busiest transit systems in the country. Read more from the Department of Transportation's briefing room. 

Updated: Friday, April 1, 2016
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