The Federal Railroad Administration funded approximately $925 million in grants to support railroads’ development and implementation of PTC systems, including nearly $400 million in American Recovery and Reinvestment Act funding, $25 million in fiscal year 2016 Railroad Safety Technology Program funding, and $197 million in funding administered by the Federal Transit Administration under the FAST Act.
FRA issued $1 billion loan to the Metropolitan Transportation Authority to implement PTC on the Long Island Rail Road and Metro-North Railroad.