Iowa DOT News Release



Iowa Transportation Commission approves $3.9 million for Iowa’s Railroad Revolving Loan and Grant Program

Posted on: October 08, 2019

Ames, Iowa – Oct. 8, 2019 – Today, the Iowa Transportation Commission approved $3.9 million in funding for four rail infrastructure and related rail development projects under the Railroad Revolving Loan and Grant Program. The projects are expected to support the creation and retention of 208 jobs within three years of project completion.

Following is the list of RRLG projects approved by the Commission.

Targeted job creation projects

     Loan

     Grant

Trinity Rail (Butler County)

----

$2,130,973

Agri Trading (Woodbury County)

$1,297,027

$360,000

Rail Port Development Study

 

 

Ottumwa/BJRY Rail Port Relocation Study

----

$80,000

Sioux City 27 Flags Study                                

----

$32,000

Total Awarded Funding:

$1,297,027

$2,602,973

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For more information, contact: Laura Hutzell at 515-239-1066 or 
Laura.Hutzell@iowadot.us


Iowa highway in the evening