U.S. Department of Transportation Announces Cancellation of Grant Funds to CA High Speed Rail Project
U.S. Department of Transportation Announces Cancellation of Grant Funds to CA High-Speed Rail Project
WASHINGTON – The U.S. Department of Transportation announced today that the Federal Railroad Administration (FRA) intends to cancel $929 million in Federal grant funds yet to be paid for the California High-Speed Rail project envisioned to connect the L.A. Basin to the San Francisco Bay Area. In addition, the Department announced it is actively exploring every legal option to seek the return from California of $2.5 billion in Federal funds FRA previously granted for this now-defunct project. FRA Administrator Ronald L. Batory notified the California HSR Authority (CHSRA) of this action in a letter today.