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Feds release $236M for Honolulu’s rail mass-transit project

The U.S. Department of Transportation has released another $236.3 million in federal funds for the Honolulu rail transit project, Hawaii’s senators said Thursday.

The funding, part of a total $1.55 billion in federal funding for the project from the Federal Transit Administration, comes from the current fiscal year budget, Sen. Mazie Hirono, D-Hawaii, said in a statement. The FTA released $67.5 million for the project in March.

“Today’s rail funding announcement demonstrates the federal government’s ongoing commitment to Honolulu’s rail project,” Hirono said.

Read the entire piece here: http://www.bizjournals.com/pacific/news/2013/09/19/feds-release-236m-for-honolulus-rail.html