Transportation Department gives Knik bridge builders a "conditional" boost

The proposed Knik Arm Bridge received a financial boost this week from the U-S Department of Transportation. On Monday the DOT granted “conditional approval” for a 600 million dollar allocation of Private Activity Bonds. That doesn’t mean the group overseeing the bridge’s construction has the 600 million, but it could make getting that money easier.

Len Anderson, KSKA – Anchorage