Metro would like to replace its oldest rail cars, rehab the Red Line and install a safety signaling system for track workers, among other projects, with the first round of $300 million contributed by local jurisdictions and the federal government.

The transit agency recently outlined its wish list in a letter to the Federal Transit Administration, detailing how it plans to spend the first year of $1.5 billion that Congress pledged to Metro over 10 years, if the local jurisdictions also contribute $50 million each per year.