Public Transportation
Rail Vehicle Replacement Grants
Agency NameDepartment of Transportation
Funding Amount$1,500,000,000.00
Bureau Name
Federal Transit Administration
Funding Mechanism
Competitive Grant
New?
Yes
Funding Mechanism
Competitive Grant
Funding Amount Notes
Period of Availability
Year of Apportionment + three years
Recipients
State and local government authorities
Program Description
Capital projects for the replacement of rail rolling stock. Not more than three new competitive awards to eligible projects may be announced each fiscal year. FTA may select projects for multi-year awards.
Eligible Uses
Capital
Statutory Location
30016
Federal Cost Share Requirement
80 percent Federal / 20 percent non-Federal; however, these funds cannot exceed 50 percent of total cost