This afternoon President Obama will make the announcement that North Carolina will be recipient of $520 Million in federal funds to pay for improvements of our rail infrastructure between Raleigh and Charlotte.
North Carolina is one of several states including Florida and Virginia that will be receiving funds. The funds will go to upgrading existing rail lines to handle the high speed trains that travel an average of 85 miles an hour and as much as 110 miles an hour. A presidential administration official will accompany other stake holders in an announcement this afternoon in Durham. The Regional Transit Alliance was instrumental in securing this funding and is excited about the dramatic way it will enhance interstate transit as well as lay the ground work for stronger regional transit.
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