Governor Andrew M. Cuomo has announced the availability of $26.5 million in state funding to preserve and enhance rail and port services in major trade and passenger travel corridors across New York.
“ This funding will improve rail safety and port infrastructure while also alleviating congestion on our roads and boosting economic activity and growth ,” Governor Cuomo said. “ These investments in our state’s transportation network will help secure a stronger New York for all.”
Projects funded through the Passenger and Freight Rail Assistance Program will be selected through a competitive solicitation process and rated based on established criteria that include a benefit cost analysis, adherence to regional economic development plans and compatibility with other private and public investments.
Eligible project activities include: track and bridge rehabilitation; yard, terminal and siding construction; elimination of clearance obstructions; wharf, dock and bulkhead construction; dredging; and other projects that enhance economic competitiveness.
New York State Department of Transportation Acting Commissioner Paul A. Karas said, “ With this program, Governor Cuomo is continuing to make smart investments in statewide, multi-modal transportation, improving rail safety, increasing rail and port freight capacity and supporting job creation while contributing to New York’s economic competitiveness .”
The New York State Department of Transportation will be accepting applications for this funding opportunity through April 27, 2018.
Last year, New York awarded $25 million to 19 applicants for rail and port improvement projects across the state.