North Carolina Railroad Company Receives $105,595,000 CRISI Award
The Federal Railroad Administration awarded $105,595,000 to the North Carolina Railroad Company for siding and track rehabilitation projects.
The Federal Railroad Administration awarded $105,595,000 to the North Carolina Railroad Company under the Consolidated Rail Infrastructure and Safety Improvements program for the FY2023-2024 funding cycle. The shortline operator in NC will utilize the grant for siding and track_rehab work. The grant selection includes a non-federal match percentage of 38%.
Source award
North Carolina Railroad Company — $105,595,000 from CRISI, FY2024. Source
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