WA: Transportation Dept announces $1.33 billion loan for Seattle to Redmond, WA rail extension

Government Security News: U.S. Transportation Secretary Anthony Foxx announced a $1.33 billion loan Friday to Central Puget Sound Regional Transit Authority (Sound Transit) for construction of the East Link Light Rail Extension Project. The Transportation Infrastructure Finance and Innovation Act (TIFIA) loan will expand the popular Link system serving the Puget Sound region and help Sound Transit implement a voter approved regional capital improvement plan.

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