Wednesday, March 31, 2010

Hoosier Speed Rail and more federal dollars

The Pittsburgh Tribune Review has reported that the FRA will be releasing an additional $115 million for HSR planning and design projects. FRA spokesman Rob Kulat said, "Most of it is for planning, which is what a lot of the states need — environmental planning, designs, engineering." This money will go towards developing projects that not yet "shovel ready".

The $115 million comes from:
  • $65 million left over from the FRA's 2009 budget
  • $50 million from the FRA's 2010 budget for kick starting HSR projects

Meanwhile, the Indiana HSR Association recently held a conference at Valparaiso University to examine the economic benefits that HSR could hold for Indiana:

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