New Infrastructure Funds - 5/29/2009
Washington, D.C. – Federal Railroad Administrator Joseph C. Szabo today announced the award of $15 million to nine states for emergency repairs to damaged railroad infrastructure resulting from natural disasters.
Funding from the Federal Railroad Administration’s (FRA) Railroad Rehabilitation and Repair Program (RRRP) will go to state Departments of Transportation to reimburse short line and regional railroads for the cost of repairs.
Funds awarded under the RRRP can cover up to 80 percent of the total cost of a selected project, with the remainder to be provided from non-federal sources. Grants may be used to repair bridges, signals and other infrastructure that are part of the general rail transportation system. The nine states to receive grants are Alaska, Arkansas, Illinois, Kansas, Indiana, Iowa, Missouri, North Carolina and Wisconsin.
Read the full story at dot.gov.
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