U.S. to finance 40 percent of light rail extension costs

U.S. to finance 40 percent of light rail extension costs
"The federal government will increase its contribution and finance more than 40 percent of the cost of extending Sound Transit light rail service from downtown Seattle to the University of Washington.

Groundbreaking for construction will be in a few weeks, and work to remove buildings from a Capitol Hill station site will begin this month.

Federal Transit Administration acting chief Sherry Little said Thursday her agency will finance $813 million of the $1.9 billion project. Federal approval came, Little said, after her agency insisted that Sound Transit add $127 million in 'contingency' amounts for unforeseen costs of tunneling, 'one of the riskier components' of the expense."

This is good news. I'm not too thrilled that this leg will end at Husky Stadium, I'd rather have it go the Ave somewhere but I guess the extension from their though to Lynnwood will take care of that.