49 CFR 260.5 : Transportation (§ 1.1 To Parts 1581-1699) — (§ 200.1 To Parts 273-299) — Other Regulations Relating To Transportation (Continued) (§ 200.1 To Parts 273-299) — Federal Railroad Administration, Department Of Transportation (§ 200.1 To Parts 273-299) — Regulations Governing Loans And Loan Guarantees Under The Railroad Rehabilitation And Improvement Financing Program (§ 260.1 To § 260.55) — Overview (§ 260.1 To § 260.15) — Eligible purposes.

(a) Financial assistance under this part is available solely to:

(1) Acquire, improve, or rehabilitate intermodal or rail freight or passenger equipment or facilities, including track, components of track, bridges, yards, buildings, and shops;

(2) Refinance outstanding debt incurred for purposes described in paragraph (a)(1) of this section; or

(3) Develop or establish new intermodal or railroad facilities.

(b) Financial assistance under this part cannot be used for railroad operating expenses.