Ames, Iowa – Oct. 10, 2023 – The Iowa Transportation Commission approved $2.69 million in funding for two rail infrastructure and related rail development projects under the Railroad Revolving Loan and Grant (RRLG) Program. The projects are expected to support the creation and retention of 129 jobs within three years of project completion.
| Targeted job creation projects | Loan | Grant |
|---|---|---|
| New Horizons Switching Track and Additions (Clinton County) | $715,000 | $1,404,000 |
| Shenandoah Clean Sugar Plant Rail Spur (Fremont County) | $424,000 | $144,000 |
| Total Awarded Funding: | $1,139,000 | $1,548,000 |
For more information, contact: Jim Glaspie at 515-239-1066 or james.glaspie@iowadot.us