Paul Wiedefeld Archives - Nottingham MD

Credit rating agencies positive about issuance of MDOT revenue bonds to support BWI Marshall Airport project

Posted on November 7, 2024 by Chris Montcalmo

BALTIMORE, MD—Fitch Ratings and Moody’s Investors Service have upgraded their ratings on Maryland Department of Transportation revenue bonds for a major project at Baltimore/Washington International (BWI) Thurgood Marshall Airport. The upgrades come just ahead of a planned bond sale intended to fund the completion of the Concourse A/B Connector and Baggage Handling System project. Fitch Ratings upgraded the bonds from […]

MDOT, Housing Department collaborate for transit-oriented development

Posted on October 22, 2024 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Transportation and the Maryland Department of Housing and Community Development have agreed to work together to build more housing near transit stations. The agencies signed a memorandum of understanding (PDF) to spur transit-oriented development, which they say will help increase ridership, make housing more affordable, promote economic development, and address climate change goals. The agreement […]

Maryland kicks off fifth annual Walktober celebration

Posted on October 1, 2024 by Chris Montcalmo

ANNAPOLIS, MD—As part of an effort to promote walking and other forms of sustainable transportation, Governor Wes Moore has proclaimed October as “Walktober.” The declaration marks the fifth annual Walktober celebration in the state. “Maryland’s sidewalks, crosswalks and trails are an essential part of our transportation network which helps provide safe and equitable access for all,” said Maryland Transportation Secretary […]

Moody’s upgrades Maryland DOT bonds to AAA

Posted on September 19, 2024 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Transportation’s Consolidated Transportation Bonds received an upgrade from Moody’s to its top triple-A rating, according to a press release issued on Wednesday. The rating upgrade places Maryland DOT’s debt at the same credit rating as the state’s general obligation debt. Moody’s said the change reflects the state’s strong involvement in and oversight of Maryland DOT’s […]

State of Maryland announces $13.3 million in federal highway safety grants

Posted on September 15, 2024 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore has announced that $13.3 million in federal highway safety grants will be distributed on October 1, 2024, to 87 agencies, organizations, and programs across Maryland as part of a statewide focus on preventing motor vehicle crashes and eliminating roadway fatalities. The governor’s office says the money can be used for a variety of purposes including seatbelt […]

Maryland invests $16 million in bicycle, pedestrian infrastructure

Posted on September 13, 2024 by Chris Montcalmo

ANNAPOLIS, MD—Governor Wes Moore has announced the release of $16 million in grants to support projects that aim to expand bike and pedestrian infrastructure across Maryland. The grants are funded by a combination of state and federal money and are expected to support 36 projects. The state is hoping that the new investment into the area will help to improve […]

Francis Scott Key Bridge Collapse Recovery

Maryland secures approval to rebuild iconic Key Bridge

Posted on July 23, 2024 by Chris Montcalmo

BALTIMORE, MD—Months after the Francis Scott Key Bridge collapsed in a catastrophic accident, the Maryland Transportation Authority (MDTA) has secured key federal environmental approvals for the bridge’s reconstruction. The U.S. Department of Transportation’s Federal Highway Administration (FHWA) has granted the MDTA a Categorical Exclusion (CE) classification and National Environmental Policy Act (NEPA) approval for the $75 million project. The approval […]

Maryland to install 130 new electric vehicle charging stations

Posted on July 11, 2024 by Chris Montcalmo

ANNAPOLIS, MD—The state of Maryland will receive $12 million in federal funding to build 130 electric car chargers across 23 different counties in the state. The money comes from the National Electric Vehicle Infrastructure program which is part of the Bipartisan Infrastructure Law. The program will provide funding for 41 fast, public EV chargers across Maryland, even as demand for […]

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