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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

Sierra Northern Railway and Mendocino Railway Improvements

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Alternate Project Name
Central Valley of California and Mendocino County Railway Improvements
Project Type
Railroads
Financing Type
RRIF
Status
Credit Agreement Executed
Sponsor/Borrower
Sierra Northern Railway (SNR) and Mendocino Railway (MRY)
Project Description

The loan finances nearly 100 percent of the planned improvements, including SNR expansion of 6.7 miles of Oakdale Branch track for engine and carriage storage; MRY rehabilitation of Noyo Canyon Tunnel No. 1, 27 bridges and 40 miles of track. 

The project should be complete in 2027 and will provide many benefits to the community, including: 

  • Increased safety, operating capacity, efficiency 
  • Reduction of derailments and grade-crossing incidents 
  • Reduced congestion and air pollution on local roads and highways 

Read the press release HERE.

Project Details
RRIF Assistance
$31.40M
Primary Revenue Pledge
Project Revenues
Project Cost
$31.40M
Fiscal Year Closed
FY2024
Application Details
Applicant
Sierra Northern Railway (SNR) and Mendocino Railway (MRY")
LOI Fiscal Year Received
FY2021
LOI Received Date
Application Received Fiscal Year
FY2024
Application Received Date
Credit Agreement Executed
Initial Eligibility Review
Review Complete
Creditworthiness Review
Review Complete
Application Review
Review Complete
Estimated Project Cost
$31.40M
RRIF Request
$31.40M
Instrument Type
Direct Loan