President Donald Trump has approved a $7 billion transportation bill that will help subsidize the construction of the BTR light rail transit system in Texas and other parts of the U.S. that would be built using federal funds.
The President signed the bill on Thursday.
Trump made the announcement in a meeting with the mayors of Dallas and Houston.
The bill includes $6 billion for the construction and maintenance of the project.
“We have a very big and complex transportation infrastructure project in Texas, and it’s just going to take tremendous support from the state and federal governments to make it happen,” Trump said.
The Transportation Department will provide $7.6 billion over the next four years to the Texas and Southern California Regional Transit Authorities, which are working to build and operate the light rail system.
The agency will also provide $1 billion for environmental cleanup.
“These are not new investments in Texas.
They’re going to be investments in our future,” Texas Governor Greg Abbott said at the signing.
“This is a huge, big, big investment in Texas.”
Trump has been working on a plan for the state to spend $1.5 billion on the project over four years.
The Texas Department of Transportation said it will spend $7 million of that for “safety enhancements and infrastructure upgrades.”
The state has a $1-billion contingency fund that is earmarked for projects that are either in need of repairs or the loss of revenue.
The state will also be able to borrow up to $200 million from the Federal Transit Administration for infrastructure improvements.