Tulsa Approved For Transportation Loan For Gilcrease Expy Expansion, President Trump Says

Wednesday, May 20th 2020, 10:00 am
By: News On 6

President Trump said Wednesday morning the Tulsa area has been approved for a transportation loan to assist with the Gilcrease Expressway West expansion.

President Trump said it a tweet the USDOT loan is for up to $120 Million.

Officials said the loan for up to $120.6 million would be to the Oklahoma Turnpike Authority to help finance the project.

The U.S. Transportation Secretary Elaine L. Chao said “[t]his $120.1 million federal investment in the Gilcrease Expressway reflects the President’s continued emphasis on infrastructure and will promote economic growth by reducing congestion for residents and travelers in the Tulsa, Oklahoma region.”

The President said the expansion would mean "less congestion and faster routes to popular spots."