The U.S. Department of Transportation (DOT) has announced the latest funding for high-speed rail projects across the country, with funding being awarded to 54 projects in 23 states. This round of funding follows this past January’s USD$8 billion that was part of the American Recovery and Reinvestment Act (ARRA), though these fund come from the regular DOT 2009/2010 appropriations.
The ARRA funds did not require project sponsors to to match any of the federal grant funds, where this round required state and municipal organizations to secure 20% of the requested funds to be considered for the grant. Of the $2.5 billion available, DOT received over $8.8 billion in applications for this round.
The biggest recipients of the federal money were California, who received another $900 million for their rail projects, over and above the $2.3 billion the state received from ARRA in January, and Florida, receiving an additional $800 million to the $1.25 billion from ARRA. California is looking to fund an expansive high-speed network across the state, with a total estimated price of $45 billion. Florida is currently only working on a Tampa-Orlando high speed line, though other projects are in the works.
The ARRA funds did not require project sponsors to to match any of the federal grant funds, where this round required state and municipal organizations to secure 20% of the requested funds to be considered for the grant. Of the $2.5 billion available, DOT received over $8.8 billion in applications for this round.
The biggest recipients of the federal money were California, who received another $900 million for their rail projects, over and above the $2.3 billion the state received from ARRA in January, and Florida, receiving an additional $800 million to the $1.25 billion from ARRA. California is looking to fund an expansive high-speed network across the state, with a total estimated price of $45 billion. Florida is currently only working on a Tampa-Orlando high speed line, though other projects are in the works.
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Mike Wrightly is mostly diesel fumes and duct tape; he grew up around heavy equipment, and holds a Bachelor's degree in Mechanical Engineering.
Mike Wrightly is mostly diesel fumes and duct tape; he grew up around heavy equipment, and holds a Bachelor's degree in Mechanical Engineering.
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