US pledges nearly $1b for Green Line extension
Boston Globe - 12/02/2014
In a commitment letter released Tuesday, the FTA estimated the total Green Line extension project would cost just under $2.3 billion. After the federal government’s contribution of $996 million of competitive “New Start” grant funds, the remainder of the funding will come from the state.
Stephanie Pollack, the associate director of The Dukakis Center for Urban and Regional Policy at Northeastern University, said that if the federal transit agency had refused to endorse the project, the expansion could have been put off even longer as officials sought enough state funding for the entire project — likely by delaying or shelving other plans.
“This marks a huge milestone toward making the Green Line extension a reality and having a substantial federal investment in it,” Pollack said.