Las Vegas Rail Project Backed by Fortress Secures $3 Billion in Federal Funding

The proposed $12 billion high-speed rail project backed by Fortress Investment Group connecting Las Vegas to Southern California has won a $3 billion federal grant from the bipartisan infrastructure law.

The money will come from the US Department of Transportation’s Federal-State Partnership for Intercity Passenger Rail Grant to help build the 218-mile (350 kilometers), all-electric high-speed rail service. The Infrastructure Investment and Jobs Act, signed into law by President Joe Biden in 2021, allocates $1.2 trillion for transportation and infrastructure spending.