DECORAH, Iowa – Oct. 8, 2024 – The Iowa Transportation Commission approved $5.1 million in funding for six 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 55 jobs within three years of project completion.
Targeted Job Creation projects | Loan | Grant |
---|---|---|
A-line EDS Rail Spur (Black Hawk County) | $1,249,000 | $60,000 |
Appanoose Country Rail Extension (Appanoose County) | $600,000 | |
Rail Network Improvement projects | Loan | Grant |
BJRY Rail Yard and Transload (Des Moines County) | $257,349 | |
Heartland Co-op Greenfield Rail Loading Elevator (Wayne County) | $1,840,000 | |
Reid Line Dexter Rail Yard Improvements (Dallas County) | $957,000 | |
Rail Port Planning & Development projects | Loan | Grant |
Webster City Rail Port Planning and Development (Hamilton County) | $100,000 | |
Total Awarded Funding: | $4,303,349 | $760,000 |
For more information contact Jim Glaspie at 515-239-1066 or james.glaspie@iowadot.us