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DOT Releases First ARRA Funds For High-Speed Lines

Publication Date: 6/2/2010
Author: Tom Ichniowski and Pam Hunter
Format: HTML

The American Recovery and Reinvestment Act’s $8 billion for high-speed rail (HSR) has begun to flow to states. The U.S. Dept. of Transportation said on May 27 it had disbursed the first $79.6 million of the ARRA aid. With $7.9 billion still to go, further installments will be released in coming weeks. DOT announced on Jan. 28 which states won shares of the $8 billion but had to reach grant agreements before disbursing the money.

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