Paying to build, operate and maintain a light-rail Purple Line

October 12, 2013

Maryland transportation officials say the financial plan for building a $2.2 billion Purple Line between Bethesda and New Carrollton is still fluid. However, these are some potential sources of construction money:

$750 million in state funds (from the Transportation Trust Fund, which includes revenue collected from the new gas tax, vehicle titling fees and other taxes).

$900 million in federal transit construction grants (not yet obtained).

$500 million to $900 million in private funding (the state would pay off the private sector’s construction borrowing costs over time, using annual Purple Line ticket revenue estimated at $35 million to $40 million per year).

$220 million ($110 million each) from Montgomery and Prince George’s counties

Source: Maryland Department of Transportation

Katherine Shaver is a transportation and development reporter. She joined The Washington Post in 1997 and has covered crime, courts, education and local government but most prefers writing about how people get — or don’t get — around the Washington region.
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