Iowa DOT News

$5.1 million awarded through Iowa’s Railroad Revolving Loan and Grant Program


DECORAH, Iowa – Oct. 8, 2024 – The Iowa Transportation Commission approved $5.1 million in funding for six rail infrastructure and related rail development projects under the Railroad Revolving Loan and Grant (RRLG) Program. The projects are expected to support the creation and retention of 55 jobs within three years of project completion.

Targeted Job Creation projects

Loan

Grant

A-line EDS Rail Spur
(Black Hawk County)

$1,249,000

$60,000

Appanoose Country Rail Extension
(Appanoose County)

 

$600,000

Rail Network Improvement projects

Loan

Grant

BJRY Rail Yard and Transload
(Des Moines County)

$257,349

 

Heartland Co-op Greenfield Rail Loading Elevator
(Wayne County)

$1,840,000

 

Reid Line Dexter Rail Yard Improvements
(Dallas County)

$957,000

 

Rail Port Planning & Development projects

Loan

Grant

Webster City Rail Port Planning and Development
(Hamilton County)

 

$100,000

Total Awarded Funding:

$4,303,349

$760,000

 

For more information contact Jim Glaspie at 515-239-1066 or [email protected]

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