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  • Press Release

  •  

    FOR IMMEDIATE RELEASE: 

     March 30, 2011

    CONTACT: 

    Rachel Wall 916.384.9026

     

    California High-Speed Rail Receives Up
    To $624 Million in Additional Federal Funding
     

     

     SACRAMENTO – In a nod to the commitment and progress of California’s high-speed rail system, the US Department of Transportation today redirected $624 million in funding for the project from other states to California.

     

    “This is yet another vote of confidence that California’s project is on the right track toward creating tens of thousands of jobs for our state and constructing the nation’s first true high-speed rail system,” said Roelof van Ark, CEO of the California High-Speed Rail Authority.

     

    The funding is anticipated to further construction in the Central Valley toward another urban center.  Initial construction is slated to begin in 2012. The California High-Speed Rail Authority Board this month selected the starting point for the project’s Southern California-to-Bay Area construction.

     

    The additional Recovery Act funding was redistributed after nearly $1.2 billion was returned from other states.

     

    California’s project has received the most federal funding of any state in the nation, totaling more than $3.1 billion in 2010.

     

    See also Press Release: U.S. Department of Transportation Redirects $1.195 Billion in High-Speed Rail Funds 

     

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