D
Daniel
Guest
With the feds giving CA HSR roughly $4 billion, when/will CA release that $10 billion in 1A bond financing? How does that work exactly?
First, CA has put up about $2.8 billion of the state bond amount so far for state matching funds. The rest of the authorized bond funds will be in reserve until CA needs it to provide state matching for future federal grant applications or additional funding for the project.With the feds giving CA HSR roughly $4 billion, when/will CA release that $10 billion in 1A bond financing? How does that work exactly?
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