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Chicago Transit Authority (CTA)

Red Line Extension Federal Transit Administration ​Financial Plan for Capital Investment Grant Program

InfraStrategies is supporting CTA with financial planning support services for ​the Red Line Extension (RLE) Project, a proposed 5-mile extension of the Red ​Line south to 130th Street. The team is currently leading the development of ​the financial plan and supporting documentation for the $3.6 billion Red Line ​Extension (RLE) Project. InfraStrategies team members previously supported ​the CTA with a similar scope of work to advance the CTA Red and Purple ​Modernization Line through to a successful FTA Core Capacity grant in ​January 2017. The $2 billion project had a similar financial strategy to the RLE ​project, including a combination of FTA funds (Core Capacity and formula ​funds), Federal Highway Administration Funds (CMAQ), sales tax revenue ​bonds, and a TIFIA loan backed by the implementation of a Tax Increment ​Finance (TIF) District along the corridor.

The RLE Project entered the New Starts Project Development phase in ​December 2020. In 2023, following the approval of the RLE Transit TIF by the ​City of Chicago, RLE entered into the Engineering phase of the New Starts ​program, locking in nearly $2.0 billion in future New Starts funding.

Key Service Areas

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Key Staff Members

Sharon Greene