DOT - Federal Railroad Administration
$1,092,992,500
Amtrak Funding: $1.09 Billion for Capital & Debt
Summary
This funding opportunity provides Amtrak with up to $1,092,992,500 to cover crucial capital investments and debt service expenses for fiscal year 2016. These funds are essential for maintaining and improving Amtrak's infrastructure and financial stability.
Eligibility
Amtrak
Infrastructure
Government Funding
Railroad
Full Description
Pursuant to the FY 2016 Consolidated Appropriations Act, 2016, the Federal Railroad Administration is to make available to Amtrak $1,092,992,500 ($221,665,052 from the Continuing Appropriations Act, 2016 and $871,327,448 from the Consolidated Appropriations Act, 2016) to cover Capital and Debt Service expenses.