Rail

FRA seeks applications for $2.3B in HSR grants

Posted on June 29, 2010

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.

 

In addition, FRA will 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 Barack 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 Sept. 30, 2010.

 

In addition to the President’s $8 billion investment for high-speed passenger rail in the Recovery Act, DOT earlier this spring made available $50 million in planning funds appropriated under the FY 2010 DOT Appropriations Act, and approximately $65 million in construction funds appropriated under the FY 2009 DOT Appropriations Act.

 

A new report by the U.S. Conference of Mayors found that full construction of high-speed rail networks, in conjunction with healthy metropolitan economies over the next twenty years, and supportive infrastructure investments to allow high-speed rail benefits to be realized, in Los Angeles, could create up to $7.6 billion per year in new business and up to 55,000 jobs; in Chicago, up to $6.1 billion per year in new business and up to 42,000 jobs; in Orlando, Fla., up to $2.9 billion per year in new business and up to 27,500 jobs; and in Albany, N.Y., up to $2.5 billion per year in new business and up to 21,000 jobs.

 

The Notices of Funds Availability (NOFA) are available at: http://www.fra.dot.gov/Pages/477.shtml

View comments or post a comment on this story. (0 Comments)

More News

NJ TRANSIT hearing focuses on PTC

Some lawmakers expressed concern as to whether NJ Transit would be able to implement positive train control by the federally mandated deadline of Dec. 31, 2018.

Alstom to supply 14 metro cars to RATP, STIF

Due to circulate on line 4, the MP14 trains will help to increase the capacity and quality of transport on the line, with a targeted global service equivalent to that of line 1.

Development of iconic perfume threatened by high-speed rail plan

Chanel says it will leave Grasse, dubbed the perfume capital of the world, unless plans are dropped to drive a TGV line through the fields of flowers required to make the world’s most famous scent

MBTA employees to use 'biometric' time clock at rail facility

This new system, which has been in the works for more than a year, will enable employees to clock in and out by swiping their finger and tapping in a personalized PIN number.

Texas bullet train builder expands leadership, adds Aguilar as CEO

Tim Keith becomes president and will lead capital raising and external affairs.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close