American City Business Journals/Orlando, Fla. – The U.S House of Representatives passed its housing and infrastructure bill July 23 on a 256-168 vote. The bill includes nearly $4 billion for high-speed rail and other national infrastructure projects.

Of the $4 billion in funding, $2 billion will be designated for high-speed and the remaining funds will go into the national infrastructure bank, which provides funding for other transportation-related projects.

This funding is separate from approximately $8 billion set aside to provide financial support for high-speed rail projects in President Barack Obama’s stimulus package.

The Senate has yet to vote on its similar bill. [read more…]