Funding

 Funding

The U.S. Department of Transportation awarded CDOT and local partners a $15 million TIGER grant, assisting them in funding this $302 million expansion of North I-25 between Mulberry Street and CO 402. The project is supported by all of the communities and counties served by this corridor who have contributed significant funds for the original project scope, totaling more than $25 million, and as much as $28 million in other additional project scope improvements.

By delivering the project to the community earlier than outlined in the CDOT 2040 Long-Range Transportation Plan, the benefits will be implemented 15 years or more years sooner, and at a fraction of the cost.

This section of the project has the full support of all of the communities and counties served by this corridor. Local partners include the following, who have contributed more than $25 million:

  • City of Fort Collins;
  • City of Loveland;
  • Town of Berthoud;
  • Town of Johnstown;
    • The towns of Berthoud and Johnstown have contributed close to $100 per person that resides in each.
  • Larimer County;
  • Weld County;
  • Town of Timnath;
  • Town of Windsor; and
  • Centerra Metropolitan District.
    • The CMD contributed $6 million to ensure enhanced bus access and highway crossing, which serves a hospital and the largest commercial, residential and retail metropolitan district in Northern Colorado.

Additionally the following Colorado politicians endorsed the TIGER grant application, reflecting the critical need of this project:

  • Senators Michael Bennet and Cory Gardner
  • former U.S. Representative and current Colorado Gov. Jared Polis
  • U.S. Representatives Ken Buck and Ed Perlmutter.

The benefits this project brings in the near term were all key contributing factors to this broad support.

The section of the project from US 56 to US 66 (Berthoud to Mead) is currently awaiting funding. For section of work between US 56 and CO 402 (Berthoud to Johnstown), the North Front Range Metropolitan Planning Organization (NFRMPO) with support from the CDOT was awarded a $20 million Better Utilizing Investments to Leverage Development (BUILD) grant by the U.S. Department of Transportation. This money will supplement the $223 million in state funds and $2 million in local contributions. The project has currently secured $250 million, a large portion needed for the design and construction of this portion of work.