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RRIF Loan Program
20.316
The Railroad Rehabilitation and Improvement Financing (RRIF) program provides direct loans and loan guarantees to: State and local governments, interstate compacts consented to by Congress under section 410(a) of the Amtrak Reform and Accountability Act of 1997 (49 U.S.C. 24101); government sponsored authorities and corporations; railroads; joint ventures that include at least one railroad; and solely for the purpose of constructing a rail connection between a plant or facility and a second rail carrier, limited option rail freight shippers that own or operate a plant or other facility that is served by no more than a single railroad.
This chart shows obligations for the program by fiscal year. All data for this chart was provided by the
administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.
For more information on each of these data sources, please see the
About the data page.
It is projected one loan will close
During FY2019, the USDOT approved two RRIF loans totaling over $913 million, including a $908 million loan for a passenger rail project in the Dallas area, and a $5.9 million loan for an improvement project at the Port of Everett, Washington.
During FY2020, the USDOT approved one RRIF loan totaling $851.15 million for a commuter rail safety project in eastern Massachusetts.
During FY2022, the USDOT approved one RRIF loan totaling $203,341,581 million for a commuter rail project in Indiana.
In FY2024, loans were approved for up to $4.09 billion for two projects.
Single Audit Applies (2 CFR Part 200 Subpart F):
For additional information on single audit requirements for this program, review the current Compliance Supplement.
OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.
