Monday, November 14, 2011

Agreement Reached on Funding for Dulles Rail

The Washington Post reported this weekend that federal, state and local officials had reached a deal on how to fund the final, nearly $3 billion phase of the project to extend Metrorail to Dulles International Airport and Loudoun County.

The deal, announced Friday, includes a $150 million commitment in state funds from Virginia and federal loan assistance through the U.S. Department of Transportation.

“This is a huge win for the Washington metropolitan region,” Transportation Secretary Ray LaHood said in a statement. “This project will create thousands of good paying jobs, bolster the economy, and relieve traffic congestion in northern Virginia.”

Read the full Washington Post article.

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