---
kind: "section"
citation: "49 C.F.R. § 260.5"
title: "49"
number: "260.5"
heading: "Eligible purposes."
url: "https://uscodex.org/cfr/49/260.5"
---

# §260.5. 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)](#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.**

## Notes

### Authority

Authority: 49 U.S.C. 22401, 22402, 22403, 22404, 22405, 22406; 49 U.S.C. 116.

### Source

Source: 65 FR 41841, July 6, 2000, unless otherwise noted.