WSDOT still has $5 million available for freight rail projects

Written by Mischa Wanek-Libman, editor
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WSDOT

The Washington State Department of Transportation (WSDOT) has reopened the application period for $5 million in loans for freight rail projects.

WSDOT said public-sector agencies such as port districts and local governments have another chance to apply for a portion of the Freight Rail Investment Bank (FRIB) loans approved by the state legislature. Applications are due Tuesday, Sept. 20 with funds being made available in July 2017.

WSDOT said the FRIB program helps freight-rail systems that create family-wage jobs, as well as improve overall freight mobility. The loan maximum is $250,000, but loans could be higher depending on the amount of qualifying applications. All applications require a 20 percent match.

Projects selected for funding will best demonstrate how shipping by freight rail eases congestion on busy highways, reduces wear and tear on state roads, strengthens the state’s economy through domestic and international trade and reduces greenhouse gas emissions.

The application period was reopened after no applications were received earlier this year. Only FRIB applications are being accepted; the application period for Freight Rail Assistance Program grants remains closed.

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