Senate committee votes “yes” on financing for transit-oriented development

Today, the Senate Committee on Commerce, Science, and Transportation unanimously approved the Railroad Reform, Enhancement, and Efficiency Act (S. 1626). The bill expands the capabilities of the Railroad Rehabilitation and Improvement Financing (RRIF), a $30 billion loan program to provide needed financing for transit-oriented development infrastructure and development projects near passenger rail stations. 
Posted in Congress, LOCUS
Tagged Passenger rail, R2E2, Railroad Rehabilitation and Improvement Financing, RRIF, Senate, Senate Commerce, TOD
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