Colorado

Feb 6, 2010 9:36 AM by Associated Press

RTD gets funds for transit upgrades

The Regional Transportation District will receive a $300 million loan from the federal government to modernize Union Station into the FasTracks transportation hub and $80 million in federal grants for the FasTracks project.

Federal Transit Administration chief Peter Rogoff announced the funding boosts alongside Mayor John Hickenlooper and Sen. Michael Bennet at a reception at Union Station Friday.

Metro Denver voted in 2004 to add a 0.4 percent sales tax to help pay for FasTracks, but construction costs have been higher than expected while tax collections have been lower than predicted.

»Comments

»Topics in this article

Most Popular

Top Videos

1 2 3 4