$6 billion from federal government
California has been notified that the Biden-Harris Administration is awarding $6 billion to the state to build high-speed rail, investing in the whole system–San Francisco, Los Angeles and the Central Valley, creating connectivity north, south and with neighbors to the east.
California High-Speed Rail Authority will receive nearly $3.1 billion for construction in the Central Valley, supporting the overall end goal of connecting San Francisco to Los Angeles. Another important rail project, Brightline, will receive $3 billion to connect Los Angeles to Las Vegas (possibly through the Antelope Valley) with 80% of the project’s construction in California benefiting the state’s economy and labor market.
“California is delivering on the first 220-mph, electric high-speed rail project in the nation,” said Gov. Gavin Newsom. “This show of support from the Biden-Harris Administration is a vote of confidence in today’s vision and comes at a critical turning point, providing the project new momentum.”
The $3.1 billion for California High-Speed Rail Authority is the single largest grant for the program and comes from President Biden’s historic Infrastructure Investment and Jobs Act.
High-speed rail has reportedly created 12,000 union jobs to date and will provide affordable and clean transportation across the state.