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The FRA administers grants to support passenger railroads for both operations and capital improvement. The majority of funding for intercity passenger rail is provided through three major programs – Grants to the National Railroad Passenger Corporation (Amtrak), the Capital Assistance to States – Intercity Passenger Rail Program, and the Next Generation High Speed Rail Program. FRA also administers grants for funding appropriated for specific projects or grantees. Examples of such funding recipients have been the Alaska Railroad, CSX Transportation Inc., the Pennsylvania Station Redevelopment Authority, and various states.
While most regional or commuter railroads receive federal assistance from the Federal Transit Administration, some related projects are funded through the FRA. In some years, specific projects may be designated to receive appropriated funds. Funding is also available for research and development projects related to both passenger and freight rail. FRA also administers the Railroad Rehabilitation and Investment Financing Program (RRIF) that offers various loan enhancements. The Federal Highway Administration also administers the Transportation Infrastructure Finance and Innovation Act Program (TIFIA) which is available for rail related projects.
For more information click on the links below:
Amtrak
Grant Program - Intercity Passenger Rail Investment
Alaska Railroad