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Today, the Federal Railroad Administration (FRA) announced it will begin accepting applications for $115 million in planning and construction project funds for high-speed intercity passenger-rail projects.

The FRA will grant a total of $50 million in planning project funds appropriated under the FY2010 DOT Appropriations Act and $65 million in residual construction project funds appropriated under the FY2009 DOT Appropriations Act.

“We look forward to working with states to lay the groundwork for their high-speed rail programs and also help other states get specific projects off the ground so that jobs can be created in the near term,” said FRA Administrator Joseph Szabo in a prepared statement.

The FRA will accept applications until May 19. The agency plans to announce grant recipients in summer.