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DOT outlines $2 billion-plus in federal rail and transit grants, eyes more competitive funding

Finance, Revenue and Bonding · April 3, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

DOT told the Finance, Revenue and Bonding subcommittee Connecticut has won well above initial IIJA targets — citing roughly $1.2 billion from the Federal Railroad Administration plus Amtrak awards — and plans to compete for further federal railroad opportunities including funding tied to the Devon Bridge and Walk Bridge projects.

Connecticut Department of Transportation officials told the Finance, Revenue and Bonding transportation bonding subcommittee that federal discretionary grants have dramatically increased the state’s capital program and that DOT intends to continue competing for major rail and transit awards.

Commissioner said grants from the Infrastructure Investment and Jobs Act (IIJA) and Federal Railroad Administration have produced a large funding spike in DOT’s capital plan, including roughly $1.2 billion from FRA programs and Amtrak awards cited in testimony. Commissioner highlighted major awards such as the $158 million Gold Star…

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