• Mass DOT Announces IRAP Grants

  • Pertaining to all railroading subjects, past and present, in New England
Pertaining to all railroading subjects, past and present, in New England

Moderators: MEC407, NHN503

  by bostontrainguy
 
The Fiscal Year 2022 recipients include the following:

James Hardie Building Products ($500,000)-The grant will assist James Hardie in installing a siding track at a new building’s products warehouse in Westfield. James Hardie Building Products is providing 84% of the project cost.

Excel Recycling LLC ($479,700)-The grant will support the installation of a new siding track at a metal recycling facility that will be served by Mass Coastal Railroad. Excel Recycling LLC is providing 40% of the project cost.

Oldcastle Lawn & Garden Inc. ($114,432)-The grant will fund railcar unloading equipment at a concrete material manufacturer by the Housatonic Railroad. Oldcastle Lawn & Garden Inc. is providing 40% of the project cost.

Pioneer Valley Railroad ($384,022)-The grant will help expand track capacity of the Easthampton Yard to serve existing and future customers. Pioneer Valley Railroad is providing 40% of the project cost.

Grafton and Upton Railroad Company ($500,000)-The grant will be used to assist in the Upton transload facility track expansion. Grafton and Upton Railroad Company is providing 40% of the project cost.

WT Land LLC ($500,000)-The grant will be used for expanding capacity of an existing asphalt facility served by Pan Am. WT Land LLC is providing 69% of the project cost.

Dana Transport Inc./Equipment Care Center of Oxford LLC ($500,000)-The grant will assist in the expansion of a plastic resin distribution facility served by Providence and Worcester Railroad. Dana Transport Inc. is providing 50% of the project cost.
  by BandA
 
How do they decide the matching percentage?
  by GP40MC1118
 
Project Funding - The maximum amount of IRAP funding for individual projects is limited
to $500,000 and 60% of total project costs.