(Washington, D.C.) – Today, U.S. Senator Patty Murray (D-WA) announced that $44 million has been released in recovery funding for Sound Transit’s University Link project. The funding comes from an $813 million Full Funding Grant Agreement and has been accelerated as part of an ongoing effort to swiftly infuse economic recovery funds back into the nation’s transportation system to create jobs and jumpstart the economy.
“By accelerating the $44 million in funding to Sound Transit, the financing costs for the University Link light rail project will be reduced, saving taxpayers and Sound Transit money,” said Senator Patty Murray. “The agency will be able to apply these savings to advance the design of light rail beyond Husky Stadium to Northgate, and by getting these federal funds earlier than anticipated, Sound Transit can put more local money to work, creating jobs right here, right now.
“I feel strongly that recovery investments should go to projects like this that reduce congestion, improve safety, enhance freight mobility and make our nation stronger long-term – projects that put people to work today and keep businesses moving to sustain economic growth in the future.”
As chair of the Transportation, Housing, and Urban Development Appropriations subcommittee, Murray worked to ensure that investments in Washington state’s transportation system were a key component of the Recovery Act. Senator Murray voted to pass the Recovery Act on February 13th. The bill was signed into law by President Obama on February 17th.
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