Federal Funds Flow to Upgrade Passenger Railcars in Multiple States
TL;DR Summary
The Chicago Transit Authority is set to receive a $200 million grant from the Federal Transit Administration to purchase 300 new electric-powered train cars, with the option to purchase an additional 246 cars. The new cars will replace older ones and are expected to come online later this decade. The funding comes from the $1 trillion infrastructure bill approved last year, but the CTA will need to come up with additional funding to pay for the new cars.
Topics:business#chicago-transit-authority#federal-transit-administration#funding#infrastructure#train-cars#transportation
- CTA is getting millions in federal cash for new trains Crain's Chicago Business
- FTA: More Than $700MM to Replace Aging Passenger Railcars in Six States RailwayAge Magazine
- CTA gets $200M federal funds to replace old train cars CBS News
- RTA wins $130 million federal grant to replace railcar fleet, starting with Red Line cleveland.com
- Sen. Sherrod Brown announces $130M grant to Greater Cleveland Regional Transit Authority to replace aging passenger railcars WKYC.com
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