LaHood Announces New HSR Winners & Losers
All funds are from the American Recovery and Reinvestment. However, there is a bill that would redirect unspent ARRA funds back to the treasury that would alter these awards.
"Under the Recovery Act, the Federal Railroad Administration originally announced $810 million for Wisconsin's Milwaukee-Madison corridor and $400 million for Ohio's Cincinnati-Columbus-Cleveland "3C" route. The Federal Railroad Administration will redirect $810 million from Wisconsin and $385 million from Ohio, and will work with these states to determine whether they have already spent money under their contracts that should be reimbursed."
The top three recipients of the redirected Recovery Act funds are:
California: up to $624 million
Florida: up to $342.3 million
Washington State: up to $161.5 million
Thanks to NARP