FY 2022 and FY 2023 Competitive Funding Opportunity: Competitive Grants for Rail Vehicle Replacement Program (Rail Program)

Background
The Federal Transit Administration (FTA) announces the opportunity to apply for $600 million in Fiscal Year (FY) 2022 and 2023 Section 5337 State of Good Repair Program funds (Catalog of Federal Domestic Assistance #20.525) authorized for competitively selected rail vehicle replacement projects. The Competitive Grants for Rail Vehicle Replacement Program provides funding to State and local governmental authorities. The program supports FTA's priorities and objectives through investments that renew transit systems, advance racial equity, connect communities, and reduce greenhouse gas emissions.

Grant Details
The Competitive Grants for Rail Vehicle Replacement Program provides funding to State and local governmental authorities for the replacement of rail rolling stock. Eligible projects are the replacement of rail rolling stock, including commuter rail, heavy rail, and light rail vehicles. The program will fund up to three new awards each fiscal year, with a potential total value of $600 million in contract authority funds for each of FY 2022 and FY 2023. The Federal share of eligible project costs may be up to 50 percent, with other Federal funding potentially applied up to a maximum 80 percent Federal share of eligible project costs.

Eligibility Requirements
Eligible applicants for the Competitive Grants for Rail Vehicle Replacement Program are States and local governmental authorities. Applicants must demonstrate technical, legal, and financial capacity to undertake the project. Additionally, applicants must provide evidence of local financial commitment to the project.

Grant Value
$600 million in contract authority funds for each of FY 2022 and FY 2023.