Search This Blog

Friday, June 28, 2013

Honolulu Rail Project to Get Full $250 Million From Federal Government in 2014

The United States House and Senate appropriation committees have approved federal funding for the Honolulu Rail Project in the amount of $250 million in 2014.  Over six years, the city of Honolulu is hoping for a total of $1.55 billion in federal funds.  The final appropriations for 2014 will still be subject to a vote in the House and Senate, as well as President Barack Obama's final signature and approval.  United States Senator Mazie Hirono stated, "In these difficult economic times, when decisions about federal funding remain highly competitive, these actions by the House and Senate appropriations committees demonstrate that support for Honolulu's rail project remains solid."

Source: Honolulu Star Advertiser, 6-28-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com