The Chicago Transit Authority has received a $100 million grant from the federal government to assist with a massive project to extend the Red Line to 130th…
The Chicago Transit Authority has received a $100 million grant from the federal government to assist with a massive project to extend the Red Line to 130According to the agency, the grant was designed to encourage cities to mitigate congestion and to improve air quality while reducing carbon emissions. A similar $30 million grant had been awarded to the Red Line extension project in 2021.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyFunding is being obtained for the project from a variety of sources. Last year, the federal government earmarked nearly $2 billion for the project through its “New Starts” program. Another $950 million will be obtained via a newly-formed Transit TIF district established by the Chicago City Council in 2022, according to officials.
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