Rail Vehicle Replacement Grants
What's New
- On February 21, 2024, FTA announced the allocation of approximately $631 million to 3 projects in 3 states in funding from the Rail Vehicle Replacement Program.
- On November 2, 2023, FTA held a public webinar with information about the Rail Program and how to apply.
- View the presentation | Watch the recording
Overview
The Rail Vehicle Replacement Program makes funding available competitively to help fund capital projects to replace rail rolling stock. For the purposes of this program, rail rolling stock is defined as revenue service, passenger carrying vehicles, or propulsion (locomotives) vehicles necessary for the provision of rail public transportation. The program is a set-aside of the State of Good Repair Formula Grants Program (49 U.S.C. 5337).
Eligible Recipients
Eligible recipients are state and local government authorities in urbanized areas (UZAs) that are eligible for State of Good Repair Formula Funding (Section 5337).
Eligible Activities
Eligible activities are the replacement of rail rolling stock. For the purposes of this program, rail rolling stock is defined as revenue service, passenger carrying vehicles, or propulsion (locomotives) vehicles necessary for the provision of rail public transportation. Funded capital projects must be in an agency’s Transit Asset Management (TAM) plan, according to 49 CFR 625.
Statutory Reference
49 U.S.C. 5337 / Infrastructure Investment and Jobs Act (Bipartisan Infrastructure Law), §30016
Match
The federal share is not to exceed 80 percent of the net project cost. The maximum share of the grant funding cannot exceed 50 percent of the net project cost.
For example, a rail vehicle replacement project with a total eligible cost of $100,000,000 may receive up to $50,000,000 from this program. The remaining $50,000,000 could be provided from a combination of non-Federal and other Federal funds, up to $30,000,000 of which could be other Federal funding. For a $100,000,000 project, at least $20,000,000 (20-percent) must be non-Federal funds.