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(Source: Federal Railroad Administration press release, May 14, 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 billion in Federal-State Partnership for Intercity Passenger Rail Program funding for projects located on the Northeast Corridor (Fed State-NEC). The corridor supports 800,000 passengers per day and billions of dollars in annual economic activity. Modernizing this critical infrastructure to provide safer, faster and more reliable passenger rail service for travelers and commuters is a key part of President Biden’s Investing in America agenda.

The available funding announced today builds on historic Northeast Corridor investments by the Biden-Harris Administration, including funding to advance major projects like the Gateway Program Hudson River Tunnel Project in New York and New Jersey, the Fredrick Douglass Tunnel and Susquehanna River Bridge Replacement Programs in Maryland, the Connecticut River Bridge Replacement in Connecticut, the New York Penn Station Access Project, and more.

“Hundreds of thousands of passengers travel along the Northeast Corridor every day, and the Biden-Harris Administration is funding much-needed improvements to this vital rail corridor,” said U.S. Transportation Secretary Pete Buttigieg. “With over $2 billion becoming available today, we will build on investments initiated last year and continue propelling America’s busiest passenger rail corridor towards greater speed, safety, and reliability.”

After decades of federal underinvestment, funding from President Biden’s Bipartisan Infrastructure Law finally has the Northeast Corridor on track to meet the needs of 21st century travelers and commuters. Last year, FRA awarded $16.4 billion for 25 projects of national significance along the corridor, which runs from Boston, MA, to Washington, DC. These unprecedented investments will rebuild tunnels and bridges that are over 100 years old; upgrade tracks, power systems, signals, stations, and other infrastructure; and advance future projects to significantly improve travel times by increasing operating speeds and reducing delays.

“The President’s investments in rail will be felt by generations to come, beginning with immediate benefits to communities and continuing to ensure essential rail corridors like the Northeast Corridor are modern, safe, and convenient, giving Americans access to world-class passenger service,” said FRA Administrator Amit Bose. “We are thrilled to announce the opening of the Fed State-NEC’s notice of funding to applicants within the NEC Project Inventory, streamlining the process for much-needed funding based on demand.”

Full story: Federal Railroad Administration