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Metro Next - 2040 Vision

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2 hours ago, 102IAHexpress said:

 

Whatever hope of new rail infrastructure being built with federal tax dollars, just took a huge hit because of California's boondoggle of a high speed train fiasco. If anything, the feds may want to get money back on wasted train investments! I can see the feds spending money on rebuilding/repairing -existing- rail infrastructure though.

A light rail/commuter rail project is WAAAAAY different from the $77 billion fiasco that was the California high speed rail

Edited by Some one
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it may also free up federal money that was tied up in that project to be spread around to other mass transit projects that have been under funded thanks to certain lawmakers.

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3 hours ago, august948 said:

 

https://www.cnbc.com/2019/02/14/trump-demands-calif-give-back-feds-billions-for-bullet-train-project.html

 

i would think, though, that this would reflect more on bullet train projects between cities rather than commuter projects in cities.  Is the TCR project using any fed funds or is that all private?

It's privately funded

 

https://www.texascentral.com/facts/

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35 minutes ago, Some one said:

It's privately funded

 

https://www.texascentral.com/facts/

 

Quote

Investors and entrepreneurs. Texas Central is an investor-funded company utilizing a market-led approach to financing, led by a group of primarily Texan investors. The Railroad will not seek grants from the US Government or the State of Texas, nor any operational subsidy once operation begins. The project will be financed with a blend of debt and equity.

 

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https://www.houstonchronicle.com/news/transportation/article/Richmond-rail-ban-removed-from-federal-spending-13620859.php?utm_campaign=CMS Sharing Tools (Premium)&utm_source=reddit.com&utm_medium=referral

 

Quote

There are no plans to build light rail on Richmond, but for the first time in a long time there is nothing stopping Metro from asking for federal funds to help pay for it.

The federal spending bill signed Friday by President Donald Trump, averting a government shutdown, lacks a provision in previous funding plans barring the Federal Transit Administration from funding any part of light rail on Richmond or Post Oak.

 

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