Helen Kerstein – California Globe

Faltering California High-Speed Rail Pushes Private Funding To Fill Massive $7-$11 Billion Funding Gap

April 30, 2025 1:24 pmApril 30, 2025 1:24 pm

California High-Speed Rail Authority CEO Ian Choudri announced Wednesday that he will be pushing the state to start accepting more private funding for the rail project, especially with a $7 billion funding gap set to come into play in mid-2026,...

California High-Speed Rail Needs $7 Billion for Bakersfield to Merced by 2026

March 27, 2025 2:45 amMarch 27, 2025 2:46 am

The California Legislative Analyst’s Office told lawmakers in an Assembly Transportation budget hearing Wednesday that California High-Speed Rail needs $7 billion in funding by June 2026 or else the first Bakersfield to Merced leg of the system could be delayed...