Real Assets
The Federal Railroad Administration (FRA) this week announced $1.26 million for Special Transportation Circumstances (STC) grants to help fund rail capital projects in Alaska and Wyoming.The funding was made available by 2017 appropriations legislation for the terminal wireless communications positive train control project in Alaska and the Greater Junction Railroad rehabilitation project in Wyoming, according to an FRA press release.The STC grants provide funding from the Consolidated Rail Infrastructure and Safety Improvements and Restoration and Enhancement programs. Under the 2017 legislation, Alaska will receive $277,400 and Wyoming will receive $985,500 for rail capital projects.

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