Chicago secures additional funding for US$3.6bn Red Line extension

Mitchell Keller Managing Editor, American Cranes & Transport

08 August 2024

The Red Line Extension (RLE) Project in Chicago, Illinois, US, has received a new federal pledge of US$396 million, which brings the total US Federal Transit Administration (FTA) contribution on first-year funding to $764 million for the $3.6 billion build.

To date, the federal government has pledged a total of roughly $2 billion to the programme, with remaining financing coming from local and state sources, including the rail operator the Chicago Transit Authority (CTA).

According to the CTA, the extension project represents one of the highest equity investments in Chicago’s…

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