Funding for All Aboard Florida’s planned route through Treasure Coast in question

“On November 28, before the U.S. District Court for the District of Columbia issued a final ruling on the lawfulness of the U.S. Department of Transportation’s (DOT) $1.75 billion Private Activity Bond (PAB) allocation to All Aboard Florida (AAF, a.k.a Brightline), DOT announced that it has withdrawn the $1.75 billion bond allocation to AAF first made in 2014 … Click here to read more

All Aboard Florida gets another year to issue $1.75B in bonds

From The Bond Buyer: “The U.S. Department of Transportation gave Florida’s private passenger train builders until Jan.1, 2017 to issue $1.75 billion of private activity bonds to partially finance the $3.5 billion project … Click here to read more