DOT Awards $320.6M to Fund Railroad Projects
Grants are part of 5-year Consolidated Rail Infrastructure and Safety Improvements program
The Department of Transportation’s (DOT) Federal Railroad Administration (FRA) awarded $320.6 million to 50 projects in 29 States to improve the safety, efficiency, and reliability of intercity passenger and freight rail systems.
The grants are part of the 5-year Consolidated Rail Infrastructure and Safety Improvements (CRISI) program, authorized by the 2015 FAST Act.
At least 25% of the CRISI program funds must finance rural projects. In fiscal year 2020, over 60% of CRISI-funded projects were rural, and 32 of the 50 grant awards were in areas seeking private investment to revitalize economically distressed communities.
A complete list of funded projected can be found here.
Information provided by USDA Grain Transportation Report