USRC Funding Eligibility Act

HR 2792, the USRC Funding Eligibility Act, makes the Union Station Redevelopment Corporation (USRC) eligible to receive 100% federal funding for several transportation infrastructure grant programs. The bill specifically modifies eligibility rules for BUILD grants, National Infrastructure Project Assistance grants, Consolidated Rail Infrastructure grants, and Federal-State Partnership for Intercity Rail grants to include the USRC as an entity that qualifies for full federal cost coverage. This policy change directly affects the USRC, allowing it to secure grants without contributing any local funds for eligible projects. The bill does not create new programs but adjusts existing federal grant rules to benefit this single designated organization.