WASHINGTON, D.C. – Today, Senator Thom Tillis announced a $1 billion grant from the U.S. Department of Transportation (DOT) for a new passenger rail route between Raleigh, NC and Richmond, VA. The route will be along the CSX Transportation “S-Line” as a part of the Southeast Corridor that will better connect North Carolina with Virginia, Washington D.C., and the Northeast Corridor.
“This $1 billion grant for North Carolina to make progress on the Raleigh to Richmond Rail Line is a big win for economic development in the region,” said Senator Tillis. “I’m proud this investment was made possible by the Bipartisan Infrastructure Law that I helped negotiate, write, and pass into law.”
The project improves system and service performance by developing a resilient and reliable passenger rail route that will also contribute to freight and supply chain resiliency in the Southeast. NCDOT and Amtrak will provide a 20% non-Federal match. Following selection, FRA will work with the recipient to establish and obligate the Phased Funding Agreement. FRA anticipates an initial obligation of FY22-23 funds under the agreement of up to $479,416,000, with contingent commitments from Advance Appropriations in FY24-26 providing the balance of funds.
For a list of specific BIL infrastructure grants, click HERE.