AMES, Iowa – Sept. 8, 2020– The Iowa Transportation Commission approved $4.1 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 385 jobs within three years of project completion.
Following is the list of RRLG projects approved by the Commission.
|
Targeted Job Creation projects
|
Loan
|
Grant
|
|
CRANDIC – AW 2235
|
—–
|
$2,700,000
|
|
Rail Network Improvement projects
|
Loan
|
Grant
|
|
BJRY Passing Track
|
$228,207
|
—–
|
|
IANR Bridge Replacement
|
$487,500
|
—–
|
|
Western Iowa Energy Rail Expansion
|
$500,000
|
—–
|
|
Rail Port Development projects
|
Loan
|
Grant
|
|
River Cities Business Park Rail Spur
|
—–
|
$80,000
|
|
Dallas County/Dexter Rail Port Study
|
—–
|
$100,000
|
|
Total Awarded Funding:
|
$1,215,707
|
$2,880,000
|
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For more information, contact: Laura Hutzell at 515-239-1066 or
Laura.Hutzell@iowadot.us
Source: iowa DMV