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FRA sets aside $368m for rail infrastructure improvements
Investors - JUNE 3, 2022

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FRA sets aside $368m for rail infrastructure improvements

by Released

The Federal Railroad Administration (FRA) has announced more than $368 million in Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant program funds to 46 projects in 32 states and the District of Columbia.

These investments will play a crucial role in modernizing our country’s rail infrastructure and strengthening supply chains, helping to reduce congestion and get people and goods where they need to go quickly and more affordably.

The selected projects not only will improve and expand passenger rail and fund conventional and high-speed rail, they also will increase supply chain resilience and fluidity, support short-line railroads, invest in new technology and safety advancements and benefit rail industry workforce development and training activities — helping to create jobs and increase economic growth.

President Biden’s Bipartisan Infrastructure Law has nearly tripled funding for this critical rail infrastructure program to $1 billion

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