Chicago Transit Authority Receives $35 Million in Federal Funding for Red Line Work
The Chicago Transit Authority has received a nice down payment on what it hopes will be a big and recurring stream of federal funds to help rebuild the aging Red and Purple L lines.
A total of $120 million in fiscal 2014 money had been set aside for core capacity work nationally, with the CTA the only operator yet to be found eligible to apply for the money. Now it has received what it requested in 2014: $35 million for planning, design and other work as part of a multibillion dollar effort to rebuild track and embankments, reconstruct century-old stations and other work that will allow the agency to carry more passengers than it does now.
Read more via Crain’s Chicago Business