New Hampshire

Eligibility: Priority will be given to required plans, projects that address joint FTA-Federal Highway Administration (FHWA) planning emphasis areas, and projects that either assess existing service or how to improve connectivity to such. Regional Planning Commissions must apply on behalf of public transportation agencies.

Eligibility: The fund requirements are as follows: The Railroad shall be current on all existing loans secured through the Class III Railroads and Cog Railroad Revolving Loan Fund and the Railroad must furnish assurances by a signed agreement that it will continue utilization of the line involved to at least eighty (80%) percent of the previous three years’ average freight or passenger level of service for period of five years. The Railroad must provide a commitment to maintain the line and all improvements. The term of the loan will be between five (5) and twenty (20) years, to match the useful life of the improvements and/or equipment financed. The Department shall secure a lien on the improvements and/or equipment in an amount at least equal to the principal and interest of the loan, to expire upon repayment of the loan. The loan agreement is subject to approval by the Governor and Executive Council. The application must include the information necessary to establish a Benefit - Cost Ratio to determine credit worthiness for the proposed project as outlined in the following pages. The Department will conduct its Benefit - Cost Analysis and only those applications meeting or exceeding a minimum financial analysis threshold will be advanced for further consideration.