Secure Funding for Rail Operations - Up to $250M!
Summary
This grant is for entities involved in intercity passenger rail operations, providing funding to cover essential operating expenses. Eligible businesses can receive support to maintain and enhance their rail services.
Eligibility
Full Description
On September 19, 2014, Congress passed the Continuing Appropriations Resolution, 2015 (Public Law No. 113-164) (the "FY 2015 Continuing Resolution"), which makes continuing appropriations for Fiscal Year 2015 and provides such amounts as may be necessary, at a rate for Fiscal Year 2015 operations as provided in the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2014 (division L of Public Law No. 113-76, January 17, 2014) ("Full Year Appropriations Act, 2014") and under the authority and conditions provided therein. The FY 2015 Continuing Resolution makes the requirements contained in the Full Year 2014 Appropriations Act applicable to FY 2015.
The FY 2015 Continuing Resolution covers the period October 1, 2014 through December 11, 2014 or until the enactment into law of the applicable appropriations act for Fiscal Year 2015. The Full Year Appropriations Act, 2014 included funding for expenses associated with the operation of intercity passenger rail service and these expenses are correspondingly funded in the FY 2015 Continuing Resolution. As a result, the FY 2015 Continuing Resolution provides operating assistance funds for the October 1, 2014 - December 11, 2014 period totaling $67,044,837. On December 16, 2014, Congress passed the Consolidated and Further Continuing Appropriations Act, 2015 (Pub.
L. No. 113-235, December 16, 2014), which made appropriations to various federal agencies for Fiscal Year 2015. Title I of Division K of the Consolidated and Further Appropriations Act, 2015 (the "DOT Appropriations Act, 2015") made appropriations for the Grantee's Fiscal Year 2015 operations available to the Secretary an additional amount of $182,955,163 for a total FY 2015 operations appropriation of $250,000,000.