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More than $6M awarded for rail infrastructure projects


The Iowa Transportation Commission has approved more than $6 million for six rail infrastructure projects using funding from the Railroad Revolving Loan and Grant Program. According to a news release, the projects are expected to create and retain 109 jobs within three years of completion. Among projects to receive funding are:

  • A soybean crush plant in Alta  a $2 million loan and a $612,000 grant.
  • Floyd Valley Transload in Woodbury County  a $664,800 loan and a $120,000 grant.
  • IceCap Cold Storage in Pottawattamie County  a $503,315 loan and a $576,000 grant.

A full list of projects that were awarded funding can be found on the Iowa Transportation Commission’s website.

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