FRA issues USD1 billion NOFO for passenger rail expansion, US October 2, 2024 | Company News, Finance, News, North America Company News, North America Finance, North America News The Federal Railroad Administration (FRA) has issued a Notice of Funding Opportunity (NOFO), providing USD1 billion in federal funds to expand and modernise intercity passenger rail through the Federa... This content is available to only subscribers. Username or E-mail Password Remember Me Forgot Password