(Source: Federal Railroad Administration press release, March 29, 2024)
The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today issued a Notice of Funding Opportunity (NOFO) that makes available over $2.4 billion in Consolidated Rail Infrastructure and Safety Improvements (CRISI) Program funding. CRISI grants advance projects that modernize America’s freight and intercity passenger rail infrastructure, allowing people and goods to move with greater safety, efficiency, and reliability. The opportunity announced today includes funding for Fiscal Years 2023 and 2024 provided by President Biden’s Bipartisan Infrastructure Law and builds on more than $1.4 billion in CRISI grant selections announced last year.
“Today we’re opening the biggest funding round in history for the program that modernizes freight and intercity passenger rail infrastructure,” said U.S. Transportation Secretary Pete Buttigieg. “This funding will make it safer, more affordable, more sustainable, and more efficient for people and goods to move by rail across the country.”
Full story: Federal Railroad Administration