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[CNJRoss]

Progressive Railroading, 1/23/24

 

USDOT OKs $2.5B in private activity bond allocation for Brightline West project

 

The U.S. Department of Transportation today announced the approval of $2.5 billion in private activity bonds (PAB) authority allocated for the Brightline West high-speed intercity passenger-rail project connecting Las Vegas and Southern California.

 

SNIP

 

USDOT previously approved a PAB allocation of $1 billion for Brightline West in 2020, bringing the total allocation for this project to $3.5 billion.  . . .

 

 

More here.  

[KevinKorell]

Daily Mail, 2/1/24:

 

 

   High-speed train that will hurtle from Los Angeles to Las Vegas at 186mph gets the green light for $2.5billion funding boost    

 

 

A proposed high-speed passenger train connecting Las Vegas with LA has been given another boost with the approval of $2.5billion(£1.975billion) in extra funding.

 

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