SACRAMENTO-The California High-Speed Rail Authority was awarded$715 million from the federal government, bringing to $4.3 billionthe funding secured to begin construction on the core of the systemin 2012. The project is expected to put thousands of Californiansto work.

According to California High-Speed Rail Authority chairman, CurtPringle, “Federal funding has once again invigorated the projectand will be a huge boost to the state’s economy. He adds that “Thekey to developing this system is to create a core—a backbone forthe system that will connect our major metropolitan cities. Thisfunding helps us do that and lets us begin to capitalize on whathigh-speed rail means for California in jobs and developmentopportunity and in a more mobile and efficient state.”

The first phase of the 800-mile high-speed rail system will spanthe San Francisco Bay Area to the Los Angeles metropolitan area andwill be built in several sections to manage the constructionprocess and gets trains on the tracks as soon as possible. Thefederal funding received includes a designation that $715 millionof the funding be used on an eligible section in the CentralValley, earmarking the money for either the Merced-to-Fresno orFresno-to-Bakersfield sections.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.