FY 2024 Competitive Funding Opportunity: Rail Vehicle Replacement Grant Program (RAIL)

Opportunity snapshot. This Grants.gov announcement — FY 2024 Competitive Funding Opportunity: Rail Vehicle Replacement Grant Program (RAIL) — is cataloged under number FTA-2024-002-TPM-RAIL and tied to CFDA assistance listing 20.525, posted by DOT - Federal Transit Administration. Grants.gov currently shows the opportunity as closed, first posted on October 10, 2023. The funding category is Discretionary, delivered as a grant.

Award economics. The award range on file is Varies by applicant. The agency has projected $196.9 million in total estimated funding for this announcement. It expects to issue 3 awards. If the agency funds the expected 3 awards from the $196.9 million estimated pool, the average award works out to roughly $65.6 million. Cost sharing or matching funds are required, meaning applicants must contribute a portion of the project budget from non-federal sources — factor this into your financial plan before drafting the proposal. Federal award ranges are often upper bounds; actual allocations reflect program appropriations, the strength of the applicant pool, and the evaluation committee's scoring.

Deadline and action path. This opportunity closed on December 18, 2023. Future funding cycles may be published under the same CFDA number, so monitoring the parent program page is the most reliable way to catch re-announcements. Every Grants.gov submission requires an active SAM.gov registration and a Unique Entity ID. Review the Eligibility section below carefully — federal eligibility categories (nonprofit, state or local government, tribal, individual, educational institution, small business) have distinct registration and reporting requirements. Pre-application outreach to the listed agency contact is permitted and often welcomed — it helps clarify scope and scoring priorities.