$3.3 million awarded through Iowa’s Railroad Revolving Loan and Grant Program
October 14th, 2025 by Ric Hanson
CLINTON, Iowa – Oct. 14, 2025 – The Iowa Transportation Commission approved $3.3 million in funding for four rail infrastructure and related rail development projects under the Railroad Revolving Loan and Grant (RRLG) Program. The projects are expected to support the creation and retention of 201 jobs within three years of project completion.
| Targeted Job Creation projects | Loan | Grant |
|---|---|---|
| New box manufacturing plant
(Black Hawk County) |
$1,469,000 | |
| Rail Network Improvement projects | Loan | Grant |
| Floyd Valley Transload Lewis Blvd
(Woodbury County) |
$830,000 | |
| Floyd Valley Transload Rustin Street
(Woodbury County) |
$256,000 | |
| BJRY Le Mars Transload Yard Expansion (Plymouth County) | $792,000 | |
| Total Awarded Funding: | $1,878,000 | $1,469,000 |
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