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Commuter Rail

U.S. Transportation Secretary LaHood Announces $727,000 for New York High-Speed Rail

NEW YORK — U.S. Transportation Secretary Ray LaHood announced $727,000 for the State of New York to continue work on its high-speed rail program with the rehabilitation of the Buffalo-Depew railroad station. The Department of Transportation has provided New York $1.7 million of the $151 million awarded under the American Recovery and Reinvestment Act (ARRA) for high-speed rail. “President Obama’s bold vision for high-speed rail is a game-changer for transportation in New York and the United States,” LaHood said. “This undertaking is not only creating good jobs and reinvigorating our manufacturing base, it’s also going to reduce our dependence on

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FRA

U.S. Transportation Secretary LaHood, Governor Doyle Sign Agreement for $46.5 Million for Wisconsin High-Speed Rail

WASHINGTON — U.S. Transportation Secretary Ray LaHood and Wisconsin Gov. Jim Doyle have signed an agreement providing $46.5 million in American Recovery and Reinvestment Act funds for work to continue on the state’s aggressive high-speed rail program. The funding is the latest installment from the $822 million that President Obama announced for Wisconsin high-speed rail from the Recovery Act in January. Wisconsin previously received a $5.7 million Recovery Act grant that brings their high-speed rail total to $52.2 million. Nationally, an unprecedented $8 billion down payment for the creation of a national network of interconnected high-speed rail corridors was included

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FRA

Transportation Secretary Ray LaHood Announces $300 Million for Denver Union Station Redevelopment

DENVER – U.S. Transportation Secretary Ray LaHood has announced that the Denver Union Station project will receive just over $300 million in federal loans through an unprecedented and historic innovative financing arrangement using the Department of Transportation’s (DOT) Railroad Rehabilitation and Improvement Financing (RRIF) Program and the Transportation Infrastructure Finance and Innovation Act (TIFIA) Program. The project is funded with a unique financing structure and for the first time combines credit assistance from both programs. The loans are being awarded to the Denver Union Station Project Authority (DUSPA), a non-profit, public benefit entity formed by the city in July 2008,