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Amazon and Metro team up for $125M affordable housing plan
Amazon.com Inc. and Metro announced Wednesday a plan to build more than 1,000 affordable housing units near Metro stations in the Washington, D.C., area over the next five years, with the e-tail giant committing $125 million in below-market capital. The program is part of Amazon‘s $2 billion Housing Equity Fund, which aims to build and […]
Metro committee approves $4.7B budget for FY2022
With an injection of federal funding, Metro will be able to maintain current service and accelerate repairs on the public transportation system. On Thursday, the Metro Board of Directors’ Finance and Capital Committee approved a $4.7 billion operating and capital budget for fiscal year 2022, which begins July 1. The full board is expected to […]
New Metro railcars set to be built in D.C. region
Metro’s new fleet of railcars will be built in the Washington, D.C., region, the Washington Metropolitan Area Transit Authority announced Wednesday. Hitachi Rail Washington LLC, an entity related to Japanese manufacturer Hitachi, has been awarded a contract worth up to $2.2 billion to build up to 800 railcars. The base order for the system’s 8000-series […]
