“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.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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