Financing High-Speed Rail In The United States: Part 2
Law360, New York (March 2, 2017, 1:44 PM EST) -- Emeka Chinwuba
In part 1 of this article, we examined various federal public sources of funding for high-speed rail projects in the United States. In this installment, we look at federal block grants, non-federal public funding and the Trump administration's infrastructure plan.
Flexible Federal Funds
Since federal grants are, in most cases, a means of encouraging states and municipalities to adopt federal policy priorities, it is quite common to find that such federal grant programs offer states and municipalities varying degrees of flexibility over the use of grant funds.
Block grants would typically provide only broad parameters for using...
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