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FTA Approves First-Phase Funds for Virginia Rail Project

Publication Date: 04-DEC-08
Author: Tom Ichniowski
Format: HTML

    
Description:
Plans for a $5-billion rail transit extension towards northern Virginia's Dulles International Airport have cleared an important hurdle, with the Federal Transit Administration's Dec. 3 approval of a $900-million, multi-year funding commitment to the project's $2.6-billion first phase. The deal isn't done yet, however. The proposed commitment still needs approval by U.S. Transportation Secretary Mary Peters and the Office of Management and Budget.
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