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Federal Grant for Houston-Dallas High-Speed Rail Project Terminated

The U.S. Department of Transportation ends $63.9 million funding, shifting responsibility for the $40 billion project to private investors.

Stock photograph showing a high speed train in Himeji, Kansai prefecture, Japan.
Railroad tracks near a proposed bullet train terminus on the outskirts of downtown Dallas, on Thursday, Aug. 25, 2022.
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Overview

  • Transportation Secretary Sean Duffy announced the cancellation of a $63.9 million federal grant for the Houston-to-Dallas high-speed rail project, citing it as a poor use of taxpayer funds.
  • The project, originally proposed as a private venture, has faced escalating costs now exceeding $40 billion, making federal investment financially unsustainable.
  • The decision reflects a broader federal policy shift toward prioritizing private investment in large infrastructure projects and reallocating funds to improve existing transit services.
  • Kleinheinz Capital Partners, a lead private investor, expressed support for advancing the rail project without federal assistance, emphasizing its economic potential for Texas.
  • The remaining funds from the terminated grant will be redirected to other rail initiatives focused on safety and efficiency, according to the Department of Transportation.