U.S.: USDOT extends short lines’ RRIF Express loan deadline

From Progressive Railroading Magazine; June 25, 2020

The Build America Bureau of the U.S. Department of Transportation (USDOT) has extended to Aug. 15 the deadline for submitting letters of interest in financing through the pilot Railroad Rehabilitation and Improvement Financing Express (RRIF Express) loan program.

The deadline was extended by 60 days due to the impact of the COVID-19 public health crisis, according to a USDOT notice published last week in the Federal Register. The original deadline was June 15.

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