Honolulu Rail Manages To Keep Its Federal Funding – For Now…A yearlong extension buys the city more time, but it’s not clear whether the FTA will see enough progress to release the funds.
Honolulu’s struggling rail project will avoid losing $250 million in federal funding that was slated to expire Dec. 31, after the state’s Congressional delegation stepped in and helped secure a yearlong extension.
Whether the city can make enough progress with that extra year to convince the Federal Transit Administration to finally release those dollars remains to be seen.
Sen. Brian Schatz’s office announced the extension in a release Tuesday, saying it will be part of a bipartisan Senate Appropriations deal reached late Monday.
