High-Speed Rail Projects Net $80M in Recovery Act Funding

Washington, June 2 – As part of its American Recovery and Reinvestment Act funding, the Department of Transportation is reporting that it has awarded $80 million to develop large scale high-speed rail systems across the country and update existing passenger rail services.

This initiative is a part of President Obama’s long-term high-speed and intercity rail program, which was introduced in April.

“Delivering these funds is an important step forward in our efforts to upgrade and transform America's transportation system, while spurring economic activity and creating jobs here at home,” said Vice President Joe Biden. “Our unprecedented investment in high-speed and intercity passenger rail is not only going to provide real environmental benefits and greater convenience for travelers, but also long-term economic development for communities across the country.”