The U.S. Department of Transportation’s Federal Railroad Administration (FRA) will begin accepting applications for $2.1 billion in grants to continue the development of high-speed intercity passenger rail corridors. The FRA will also make another $245 million available for individual construction projects within a corridor. Funds for both come from the FY 2010 DOT Appropriations Act.
“This important step builds on the $8 billion for high-speed rail that President Obama announced last January,” said Transportation Secretary Ray LaHood. “The President’s bold vision for high-speed rail is a game changer for U.S. transportation. It will not only create good jobs and reinvigorate our manufacturing base, but also reduce our dependence on fossil fuels.”
“We are excited to move the President’s vision on high-speed rail forward and are working quickly to get money in the hands of states,” said FRA Administrator Joseph C. Szabo. “These new funds will allow the states to further advance their high-speed rail plans and represent a commitment to developing a world-class transportation network.”
Applications and proposals for these latest funds will be due back to FRA by August 6, 2010. Grant awards, including the $2.1 billion and $245 million from the FY2010 appropriations, are expected to be announced by September 30, 2010.
Click here to view the release from the FRA.