Biden administration approves additional $2.5 billion for high-speed rail project

A high-speed passenger train plan connecting Las Vegas and Southern California came one step closer to reality with support from the Biden administration on Tuesday. 

The Department of Transportation approved $2.5 billion in tax-exempt bonds for Brightline West to build the $12 billion Brightline West Passenger Rail project. 

The DOT allowed Brightline West to receive $1 billion in 2020, and in December, the department awarded a $3 billion grant from President Joe Biden’s infrastructure law to the Nevada Department of Transportation for the project.

The 218-mile rail line from outside Los Angeles to Las Vegas is designed to accommodate 186 mph speeds, reducing the four-hour commute in half on Interstate 15.

Brightline Holdings LLC’s current high-speed rail links Miami to Orlando at 125 mph. 

On Tuesday, the DOT outlined its aim for the rail to function as
Read more…

Please follow and like us: