FOR IMMEDIATE RELEASE
June 22, 2011
WASHINGTON_The Honolulu Rail Transit project will receive $55 million from the Federal Transit Authority for the current fiscal year, Senator Daniel K. Inouye, Senator Daniel K. Akaka, U.S. Rep. Mazie Hirono and U.S. Rep. Colleen Hanabusa announced today.
The $55 million in New Starts funding is identical to the amount requested in President Obama’s FY2011 budget.
The level of funding Honolulu received is significant since the total amount of funds for New Starts for FY 2011 was reduced from the $1.998 billion level enacted in FY 2010 to $1.597 billion, a 20% or $401 million reduction in the total program.
“I am very pleased that the federal government recognizes the importance of this critical transportation project. Federal funds are hard to come by in the current budget climate and the fact that Honolulu will receive everything the President asked for is very encouraging. This project will bring welcome relief to thousands of commuters who are forced to spend hours in their cars on congested roadways. We have planned this project and debated its merits for decades and we must press forward. I remain committed to this project and will continue to do everything I can to direct federal funds to the work and ensure its timely completion,” said Senator Inouye.
To Read the Full Press Release, Click Here>>http://inouye.senate.gov/Press/062411pr01.cfm