Railroad Rehabilitation and Improvement Financing

Railroad Rehabilitation and Improvement Financing (RRIF) is a federal loan program that provides funding to railroads to upgrade and improve their infrastructure. It aims to support safer, more efficient, and more reliable rail networks by offering low-interest loans and loan guarantees. This financial assistance helps railroads invest in modernizing tracks, bridges, stations, and equipment, ultimately enhancing freight and passenger transportation. RRIF helps ensure the rail system remains competitive, safe, and capable of meeting economic demands without requiring immediate large-scale capital outlays from private companies.