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