“RIFIA” Bill Would Re-Purpose RRIF

 

A bill pending in the U.S. Senate would recast the Railroad Rehabilitation and Improvement Financing Program (or “RRIF”)—the federal credit support program administered by the Federal Railroad Administration—as a TIFIA-like tool for advancing railroad project financings, including P3-delivery of commuter rail projects. But provisions in the bill that prioritize positive train control projects for loans under RRIF may invite significant competition for access to the program.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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