Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the federal rail banking program?

April 26, 2017Banking Federal program rail

0

Posted

What is the federal rail banking program?

1 Answer

0

Posted

The federal rail banking program allows rail corridors and their easements to be preserved through interim conversion to trail use. At the same time, rail banking preserves the lines future for the possibility of restored freight rail use. Passenger rail is an allowed use in a preserved corridor. Acquisition of the southern corridor for the public is one of the largest and most significant in the history of the federal rail banking program.