Iowa · Iowa DOT Rail
Railroad Revolving Loan and Grant Program
Overview
Loans at 0% for 10 years plus grants, across three categories (targeted job creation; rail network improvement; industrial spurs/access). Minimum 20% local match on loans. Eligible: cities, counties, railroad users, companies, MPOs/RPAs, all railroads. FY2025 round: $3.3M to four projects supporting 201 jobs (historical, not a forward cycle).
Uses
Not yet recorded.
Funding
- Interest rate
- 0%
- Term
- 10 years
Eligibility
Not yet recorded.
Restricted to applicants in Iowa.
Terms
- Mechanism: Loan
- SAM.gov registration: required
How to Apply
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