The U.S. Senate still needs to approve the bill that would spend $5 million in initial funding for the Great Lakes Hyperloop System.
"Five million dollars in initial funding for the Great Lakes Hyperloop System, an experimental high-speed transportation project, was included in legislation voted on by the U.S. House of Representatives in late June," reports Kim Palmer.
"The passage of the 2020 Transportation, Housing and Urban Development Appropriation bill by the House provides the funds for the U.S. Department of Transportation to create a regulatory framework for development of a hyperloop system."
The Chicago-to-Cleveland hyperloop route first made news in February 2018, when the Northeast Ohio Areawide Coordinating Agency (NOACA) spent $1.2 million on a grant to fund a six-month feasibility study for the project. That study is expected for completion this fall, according to Palmer.
Read the full story: Initial funding for Cleveland-to-Chicago hyperloop passes House, moves to Senate
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About that Hyperloop report…
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