The Railroad Revolving Loan and Grant (RRLG) Program provides financial assistance to improve rail facilities that will
create jobs, spur economic activity, and improve the rail transportation system in Iowa. The program is funded through
appropriations from the state legislature and repayments from loans for rail development projects funded in the past.
For the FY 2025 round, we anticipate approximately $5.1 million available for eligible projects.
Applications for Targeted Jobs Creation/Retention and Rail Network Improvements submitted by 5:00 p.m. on July 18,
2024, will be reviewed. For more information, please see attached information sheet.