The Federal Railroad Administration (FRA) has reissued a Notice of Funding Opportunity (NOFO) for Fiscal Years 2024–2025, offering up to $5,070,784,989 for the Federal-State Partnership for Intercity Passenger Rail Program (FSP-National), excluding projects on the Northeast Corridor. This funding aims to improve American passenger rail assets by enhancing safety, reducing maintenance backlogs, improving performance, and expanding or establishing new intercity passenger rail services. Eligible applicants include states, groups of states, interstate compacts, public agencies, political subdivisions, Amtrak, federally recognized Indian Tribes, or combinations thereof. Projects must have a non-Federal share of at least 20 percent. Applications are due by January 7, 2026, and must include a detailed project narrative, budget, environmental compliance, and various standard federal forms. The NOFO details application content, submission procedures, and evaluation criteria, emphasizing project readiness, technical merit, and outcomes. It also outlines requirements for major capital projects, including phased funding agreements and letters of intent.