Rail development financial assistance
Financial assistance to strengthen, enhance or preserve Iowa's rail transportation system and encourage economic development and job growth are available.
A brief summary of each is included below with links to further information on eligibility and the application process. Also included are links to related state and federal funding programs.
In addition, programs are available to assist with safety improvements at highway-railroad crossings.
Rail development assistance programs
Railroad Revolving Loan and Grant Program (RRLGP)
The RRLGP provides assistance to improve rail facilities that will spur economic development and job growth and provide assistance to railroads for the preservation and improvement of the railroad transportation system. Both grants and loans are available and are awarded based on competitive applications.
Linking Iowa’s Freight Transportation System (LIFTS) Program
The LIFTS program is a grant funding opportunity to improve Iowa’s freight transportation system. The LIFTS program grant funding is not limited to a particular mode of transportation, but is designed to assist projects that contribute to effective and efficient freight transportation. Project eligibility is far ranging. Awards are competitive for $2.6 million. A preapplication is required and due November 17, 2017. Applications are due March 2, 2018.
Iowa Clean Air Attainment Program (ICAAP)
Rail projects are eligible for funding under (ICAAP), which provides funding for projects that reduce congestion, improve traffic flow and reduce vehicle emissions.
Railroad Safety Grants for the Safe Transportation of Energy Products by Rail Program
Competitive grant program available to states for public and private railroad grade crossing enhancement and track improvement projects that improve safety on rail routes that transport flammable energy products.
National Infrastructure Investments (TIGER Discretionary Grants)
Competitive grant program for capital investments in surface transportation infrastructure that will have a significant impact on the Nation, a metropolitan area, or a region.
Railroad Rehabilitation and Improvement Financing (RRIF)
Administered by the Federal Railroad Administration, the RRIF program assists railroads with refinancing, line acquisition, track rehabilitation, or development of new intermodal facilities.
The Transportation Enhancement program provides funding assistance for transportation related enhancements that fall within three categories: trails and bikeways; historic and archaeological; or scenic and environmental. The Transportation Enhancement Program is administered by the Iowa DOT's Office of System Planning. Restorations of several historic Iowa rail depots have been assisted through this program.
The Funding Guide provides information on this and a variety of other funding programs available for transportation projects.
Rail consultants and contractors