Infrastructure

The Georgia Department of Transportation announced Monday that it has applied for $34 million in federal funding to accelerate development of high-speed rail service between Atlanta and Chattanooga, Tenn., with additional links eventually being added to Nashville and Louisville, Ky.

BRADENTON, Fla. — Florida is on a fast track to complete the first high-speed rail project in the U.S. with a new application for $1.12 billion in funding from the Federal Railroad Administration’s service development program.

ALAMEDA, Calif. — A year and a half after Seattle-area voters approved a sales tax hike to finance $18 billion in mass transit projects, a quarter of that amount has evaporated due to reduced economic activity.

DALLAS — Austin Bergstrom International Airport’s Hilton hotel faces a deepening financial hole in the wake of a series of defaults on $49 million of revenue bonds, according to a recent audit.

DALLAS — Austin voters will decide in November on $90 million of general obligation bonds devoted to transportation efforts following unanimous action by the City Council.

The Puerto Rico Public-Private Partnerships Authority last week announced that it has qualified 115 teams to participate in a request for proposals to renovate public schools.

Pennsylvania’s legislature will hold a hearing next month on possible mismanagement at the Delaware River Port Authority.

The Port Authority of New York and New Jersey on Thursday approved a $1.2 billion expansion of a terminal at John F. Kennedy International Airport on behalf of Delta Air Lines and its partners.

Massachusetts hospitals and higher educational institutions could face higher borrowing costs in the future as the state plans to fold the Massachusetts Health and Educational Facilities Authority into the Massachusetts Development Finance Agency.

WASHINGTON — A new study released this week by the Government Accountability Office shows that nearly all states have gotten back at least as much money as they contributed to the federal highway trust fund — a revelation that contradicts some lawmakers’ claims that certain states are subsidizing others’ highway and bridge costs under the current system.