HR-WS Bridge Authority Gets Investment Grade Credit Rating

The effort to fund construction of a new Hood River-White Salmon Interstate Bridge received another boost this week.  The Hood River-White Salmon Bridge Authority received an Investment Grade credit rating.  Authority board member Jacob Anderson says this paves the way to qualify for a low-interest federal loan that will provide the approximately $70 million of local match anticipated to be needed to complete the funding stack for the project.  About $360 million of the necessary $520 million in funds have been put together to this point.  The authority is aiming for work on the new bridge to begin in 2025.

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