• 95 Express provides relief to Virginia’s multi-modal transit system, and encourages commuters to use mass transit commuting options.
• More than $500 million in funding for multi-modal capital improvements to Virginia’s rail, bus and vanpool system in the corridor, such as the purchase of additional rail cars for the Fredericksburg line, to increase capacity by 50%.
• Expand existing park and ride lots to accommodate additional commuters choosing to use bus/vanpool services. The investment will increase parking in the corridor by 2,000 to 3,000 spaces.
• Construct Phase 8 of the Springfield Interchange - connecting HOV/HOT lanes to the Beltway - without using the $85 million currently allocated for the work by VDOT.

No Public Funding

The 95 Express solution is 100% privately financed and does not require the use of any VDOT programmed funds. The plan has no impact on the Commonwealth’s credit rating or balance sheet.

The 95 Express solution will be financed by the sale of tax-exempt toll revenue bonds and a TIFIA loan from the Federal Government, which will provide the lowest cost of capital available, saving the project hundreds of millions of dollars in interest payments.

The 95 Express solution returns the I-95/395 corridor facility to VDOT at the earliest possible date, allowing VDOT to capture its full value.