Bullet-train seeks $1B in new federal cash
The California High-Speed Rail Authority will seek up to $1 billion in a new application for federal funding for the state’s high-speed train project.
For this round of funding, the U.S. Department of Transportation has made $2.3 billion in additional funds available for high-speed and intercity rail projects nationwide. The funds would help complete engineering and other work on the project not covered by previous federal stimulus grants.
Last January, California’s high-speed train project won $2.25 billion, the largest share of federal funding set aside for such projects under the American Recovery and Reinvestment Act.