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Austin's light rail project cleared a key federal review in January, marking a "major milestone" in the multibillion-dollar transit system's ongoing development.
The details: Roughly half of the light rail's $7.1 billion price tag will be covered through federal grants that require an extensive Federal Transit Administration review and approval. As one step in that funding process, Austin Light Rail entered the FTA's National Environmental Policy Act, or NEPA, review about two years ago. The federal agency has now issued its record of decision for the transit system's Final Environmental Impact Statement, or FEIS, advancing the light rail program's planning and moving it closer to securing needed federal grants.
Quote of note: "Completing the Final Environmental Impact Statement and earning the FTA’s Record of Decision in under two years is a major achievement for Austin Transit Partnership and the community we serve,” ATP CEO Greg Canally said in a statement.
Austin's rail became the first major transit initiative to finish its FEIS within a federal guideline of two years, according to the ATP.
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