Honolulu: rail project not to receive additional federal funding

05-honoluluHonolulu officials announced that the Federal Transit Administration has made it clear the city would not receive additional federal funding to make up a USD 2 billion shortfall in the city’s rail project budget.
The FTA also rejected a proposal to have the rail built only to Middle Street, or about 5 miles shorter than originally planned. The city said it would miss out on a USD 1.6 billion federal grant by stopping the line short.
The FTA reiterated that its grant was contingent on building all 20 miles and 21 stations, city officials said.
The latest cost estimates have put the project at $8 billion, about USD 2 billion more than what was estimated in 2014.


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