More than $1 million in raised for railroad rehabilitation
Rails to the Future announced recently that more than $1 million has been raised in local match for the Transportation Investment Generating Economic Recovery (TIGER) grant the state of South Dakota is applying for.
The State's TIGER grant application is seeking $12.6 million for a $29 million project to rehabilitate the state-owned railroad from Chamberlain to Presho. Earlier this month, the state Railroad Board committed $14 million toward the grant. The local match will add more than $1 million more in local commitments to the grant application.
The commitments have been made by farmers, businesses, ag organizations, tribal and local governments that support the project.
"We are very pleased with the level of local support for this project," said Steve Halverson, president of the Rails to the Future. "This amount of local match will significantly increase our chances for being awarded the TIGER grant."
The official grant application will be submitted by the state Department of Transportation next week. The state expects to know whether or not its application is successful by the end of the year.