Thursday, June 29, 2023

Governor Hochul Announces $121.6 Million Available for Rail and Port Infrastructure Projects Statewide

 

Funding Supports Reliability and Resiliency Enhancements to Major Trade Corridors

Applications Accepted through October 6, 2023

Learn More and Apply for Funding Here

 Governor Kathy Hochul today announced $121.6 million in state funding is available through the Passenger and Freight Rail Assistance Program. This program funds rail and port projects across the state, boosting New York’s trade corridors and its position as a global commerce destination, while enhancing safety. Applications will be accepted through October 6, 2023.

“Sustained commerce is the lifeblood for our regional and state economy, and investing in our trade routes ensures that New York State can remain competitive on a national and global scale,” Governor Hochul said. “I urge anyone with qualifying projects to apply for this funding because modernizing our freight rail and port infrastructure is crucial - not just for the many businesses who depend on safe, reliable commerce routes - but for the quality of life of New Yorkers.”

The Passenger and Freight Rail Assistance Program is administered by the New York State Department of Transportation. Winning projects will be selected through a competitive solicitation process and rated based on established criteria that include a benefit cost analysis, adherence to regional economic development plans, safety enhancements, compatibility with other private and public investments, and actions that enhance resilience and reduce climate risk.

New York State Department of Transportation Commissioner Marie Therese Dominguez said, “Freight rail is a key component of our state’s transportation network, and by making these smart investments we are creating jobs, ensuring continued economic growth, and reducing New York’s carbon footprint by helping to take trucks off our roads. I commend Governor Hochul for her commitment to modernizing and fortifying New York’s freight rail infrastructure, ensuring New York’s economic competitiveness.”

Eligible project activities include track and bridge rehabilitation; yard, terminal and siding construction; elimination of clearance obstructions; wharf, dock and bulkhead construction and reconstruction; dredging; at-grade crossing railroad crossing resurfacing; material handling equipment storage facilities; wayside detectors and other projects that enhance the safe movement of goods, economic competitiveness and reduce greenhouse gas emissions.

The New York State Department of Transportation will be accepting application forms for this funding opportunity through October 6, 2023. Program guidance and application materials may be found at: dot.ny.gov/railgrants.

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