» $150 Million In HSR Funds Released

The finalization of agreements and the release of $150 million in previoulsy awarded High Speed Rail improvement funds was announced on Friday, September 23, 2011.

These funds will allow the following critical projects to now proceed forward to construction:

•New Second, High-Speed (110mph) Main Track between Albany and Schenectady - Construction Expected To Start In Spring 2012

•Fourth Boarding Track, Extended Platforms and New Signal System at the Rensselaer Station - Construction Expected To Start In Spring 2012

•Signal System Improvements on the Hudson Line between north of Poughkeepsie and the Rensselaer Station

•New platforms and track lay-out at the Schenectady station - Will be an intergral part of the overall new Schenectady Intermodal Station

With this announcement, the USDOT/FRA will, to date, have obligated, released and/or transferred to New York State a total of $553.7 million in federal funds for rail and station improvement projects occurring wholly within the state.

Deducting two major projects in the New York City area (Harold Interlocking Improvements and Moynihan Station development), the total federal funding received for all of the remaining NYS projects is ~$174.7 million

For more detail, please review the NYS HSR Project Summary List - Revised to 9-23-11