FRA Extends $318M Rail Infrastructure Grant Deadline to Oct. email@example.com September 21, 2018 0 COMMENTS
Due to the impact of Hurricane Florence, the Federal Railroad Administration extended the application deadline for $318 million in Consolidated Rail Infrastructure and Safety Improvements or CRISI grant funding originally opened in July from Sept. 17 to Oct. 12 this year.
FRA said in its original statement three months ago that this Notice of Funding Opportunity is aimed at projects designed to improve intercity passenger and freight rail transportation safety, efficiency, and reliability. It also noted that those funds are authorized via the Consolidated Appropriations Act of 2018; a spending measure passed back on March 21 that is more commonly referred to as the “omnibus spending bill.”
FRA added that its CRISI grant program also directs “much needed critical investment” to rural America with at least 25 percent of available funds to be dedicated towards efforts to “safely connect and upgrade rural America’s rail infrastructure.”
The agency added that “selection preference” under this NOFO will be given to projects with a 50-percent non-federal funding match from any combination of private, state, or local funds. FRA will also consider how well projects align with “key objectives” that include: supporting economic vitality; leveraging federal funding; preparing for life-cycle costs; using innovative approaches to improve safety and expedite project delivery; and holding grant recipients accountable for achieving specific, measurable outcomes.