X34 | New Jersey Rail Freight Assistance Program (Various)
This program funds the rehabilitation and improvement of key elements of the New Jersey rail freight network. Funds are used for acquisition, rehabilitation, facility construction, and substitute service assistance under the State Freight Assistance Program. The program provides matching funds to federal grants and to participate in other projects and programs that improve the intermodal goods movement network and support economic development initiatives. The program also provides funding for the design, construction, reconstruction, rehabilitation, land acquisition, and environmental mitigation of freight rail projects that: are significant to port commerce connectivity; eliminate rail freight missing links to port facilities; or upgrade freight rail trackage to a 286,000 pound load carrying capacity.
Phase | Fund | FY24 | FY25 | FY26 | FY27 | LFY28-33 |
---|---|---|---|---|---|---|
Construction | STATE | $25.000 | $25.000 | $25.000 | $25.000 | $150.000 |
Program Year Totals: | $25.000 | $25.000 | $25.000 | $25.000 | ||
Total FY24-FY27 Cost: | $100.000 | Total FY24-FY33 Cost: | $250.000 | |||
All costs in millions. |