The Biden-Harris Administration's goal is to double passenger numbers on America's railways by 2040.
The funding includes $6 billion for high-speed rail projects in California and Nevada, and $1 billion for a new Amtrak service between Raleigh, North Carolina, and Richmond, Virginia.
The U.S. Department of Transportation has announced the allocation of $8.2 billion for 10 passenger rail projects across the country.
This investment is part of the infrastructure investment plan that allocated $66 billion for passenger trains, the largest sum since the formation of Amtrak in 1971.
The U.S. Department of Transportation has announced the allocation of $8.2 billion for 10 passenger rail projects across the country, marking a significant investment in the nation's rail system. The funding includes $6 billion for high-speed rail projects in California and Nevada, and $1 billion for a new Amtrak service between Raleigh, North Carolina, and Richmond, Virginia. Additional funding will be directed towards rail lines and infrastructure improvements.
The projects include high-speed rail service in California's Central Valley, a new high-speed rail corridor between Las Vegas and southern California, and major upgrades to existing rail corridors. The announcement also includes 69 corridor selections across 44 states through the Corridor Identification and Development Program, which aims to upgrade existing rail routes and add new routes and high-speed rail projects.
The Biden-Harris Administration's goal is to double passenger numbers on America's railways by 2040. This funding aims to close the gap between the U.S. and other developed nations in terms of fast and reliable passenger service. However, while the funding is significant, it may not cover the full cost of the projects.
This investment is part of the infrastructure investment plan that allocated $66 billion for passenger trains, the largest sum since the formation of Amtrak in 1971. President Joe Biden has referred to this as the biggest investment in passenger rail since the creation of Amtrak 50 years ago. With these investments, the Biden-Harris Administration has now announced nearly $30 billion in investments for the nation's rail system.
The announcement also includes 69 corridor selections across 44 states through the Corridor Identification and Development Program, which aims to upgrade existing rail routes and add new routes and high-speed rail projects.
The Biden-Harris Administration has now announced nearly $30 billion in investments for the nation's rail system.
