Bill > S1373

This bill enhances funding opportunities for the Union Station Redevelopment Corporation (USRC) by making it eligible to receive 100% federal funding through several key grant programs. Specifically, the bill allows the USRC to apply for and receive full federal funding through the BUILD (Better Utilizing Investments to Leverage Development) grant program, National Infrastructure Project Assistance grants, Consolidated Rail Infrastructure and Safety Improvement grants, and Federal-State Partnership for Intercity Passenger Rail grants. These changes mean that the USRC can now receive federal grants that cover the entire cost of eligible infrastructure and transportation-related projects, without requiring the organization to provide matching funds. The bill modifies existing sections of U.S. Code to explicitly include the Union Station Redevelopment Corporation as an eligible entity and to ensure that any grants awarded to the USRC will be fully funded by the federal government. This legislation aims to support the development and improvement of Union Station by removing financial barriers to potential infrastructure projects.

Transportation and Infrastructure

https://www.congress.gov/bill/119th-congress/senate-bill/1373/all-info