funding high speed rail with bonds

Brightline high speed rail from Las Vegas to Los Angeles received federal approval for $2.5 billion in private activity bonds for the purpose of laying tracks, creating jobs, and connecting American cities. Brightline has received authority for a total of $6.5 billion worth of bonds, including $3 billion in grants to the Nevada Department of Transportation to build the rail line, and $1 billion in private activity bonds for development in 2020. 

Route Fifty | Brightline gets another big boost from Biden to build Vegas line