The U.S. Department of Transportation’s Federal Railroad Administration (FRA) 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.
Last year, FRA selected 70 projects in 35 states and Washington, D.C., for CRISI Program funding, and those projects ranged from bridge, track, and grade crossing improvements to investments in restoring and expanding intercity passenger rail corridors. CRISI grants are also a major source of funding for rural communities and short line railroads, many of which are small businesses whose operations bolster local economies and are crucial for supply chain fluidity. By funding projects such as trespass prevention efforts and the rehabilitation or procurement of zero- or low-emissions locomotives, among other initiatives, the CRISI Program directly benefits short line railroads’ operations and local communities’ quality of life. In addition, CRISI grants can support important workforce development and training programs to retain current employees and attract new individuals to the rail industry. Taken together, these benefits lead to safer communities, cleaner transportation, faster and more reliable deliveries of goods, and more jobs and workforce development opportunities.
In addition to investing historic levels of funding in new infrastructure to make rail safer nationwide, the Biden-Harris Administration has taken key steps to improve rail safety since President Biden took office, and the USDOT continues to use the full range of its authority to ensure the safety of people who live near, work on, or travel along America’s rail lines. Investments in infrastructure and the rail workforce through FRA’s railroad development programs are a major part of this national effort to create a modern transportation network that will keep Americans safe and make the U.S. competitive in the 21st century.
-via Press Release
The post FRA Makes More Than $2.4 Billion in CRISI Grant Funding Available to Improve America’s Freight and Intercity Passenger Rail Network appeared first on Railpace Newsmagazine.
