In 2009, Virginia Gov. Tim Kaine submitted a second application for funding from the American Reinvestment and Recovery Act (ARRA) to develop the I-95 Southeast High Speed Rail Corridor.
The application for approximately $1.8 billion would fund 19 projects along the Petersburg, Va., to Washington, D.C., section of the corridor and raise passenger rail speed to up to 90 mph by 2017. With this project, passengers would be able to travel from Richmond, Va., to Washington, D.C., in less than two hours.
Another application was submitted for the Arkendale to Powell’s Creek project along the I-95 High Speed Rail Corridor. In accordance with federal requirements, the next application round will include the Hampton Roads component of Virginia’s High Speed Rail Program.
The ARRA has already provided $8 billion in competitive funding for high-speed rail corridors around the country.