CTA uses TIFIA loan for 95th Street terminal
Chicago Metropolitan Agency for PlanningMPO · Chicago, IL- Disclosed value
- $79 million TIFIA loan (within $240 million project)
- From report
- Document date
- Dec 1, 2025
The 30-second brief
The Chicago Transit Authority obtained a $79 million TIFIA loan backed by farebox revenues to finance the $240 million 95th Street Terminal Improvement Project, leveraging low-interest federal credit to advance major station upgrades. The loan is being repaid over time from dedicated revenues.
Chicago Transit Authority holds this financial services contract with Chicago Metropolitan Agency for Planning. Its other public contracts on record include work for River Forest village and Oak Park village.
Term as filed: Long-term federal loan; specific maturity not provided.
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Contract details
- Contract type
- Financial Services
- Amount
- $79 million TIFIA loan (within $240 million project)
- Document date
- December 1, 2025
- Term
- Long-term federal loan; specific maturity not provided
- Source document
- Chicago Metropolitan Agency for Planning Policy Brief December 2025 (Report)
Chicago Transit Authority's other public contracts
More Chicago Metropolitan Agency for Planning contracts
Questions about this contract
Who was awarded the financial services contract by Chicago Metropolitan Agency for Planning?
Chicago Transit Authority was awarded this financial services contract by Chicago Metropolitan Agency for Planning, as recorded on December 1, 2025. The contract value is $79 million TIFIA loan (within $240 million project).
How much is the Chicago Transit Authority contract with Chicago Metropolitan Agency for Planning worth?
The Chicago Transit Authority contract with Chicago Metropolitan Agency for Planning is valued at $79 million TIFIA loan (within $240 million project), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in Chicago Metropolitan Agency for Planning Policy Brief December 2025 (Report), dated December 1, 2025 from Chicago Metropolitan Agency for Planning. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Chicago Transit Authority hold?
Chicago Transit Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Chicago Metropolitan Agency for Planning currently buying?
Explore Chicago Metropolitan Agency for Planning's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.