Gateway Tunnel secures $6.88 billion, FTA’s largest ever CIG grant

The Federal Transit Administration (FTA) and Gateway Development Commission (GDC) have signed the $6.8 billion full funding grant agreement to build the $16 billion Gateway Tunnel …

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Gateway Tunnel Secures $6.88 Billion, FTA’s Largest Ever CIG Grant

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The Federal Transit Administration (FTA) and Gateway Development Commission (GDC) have signed the $6.8 billion full funding grant agreement to build the $16 billion Gateway Tunnel …

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GATEWAY DEVELOPMENT COMMISSION SECURES FULL …

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Jul 8, 2024 · FUNDING FOR HUDSON TUNNEL PROJE T Historic $12 illion Federal Funding ommitment Includes Largest Ever IG Grant, Along with Largest Aggregate RRIF Loan …

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GATEWAY DEVELOPMENT COMMISSION SECURES FULL FUNDING …

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Jul 9, 2024 · The Gateway Development Commission (GDC) today signed a Full Funding Grant Agreement (FFGA) with the Federal Transit Administration (FTA) for $6.88 billion in federal …

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Gateway Tunnel Project Secures Needed Funding To Move Forward …

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Jun 12, 2024 · "The full funding agreement for the $6.88b CIG grant is the puzzle piece that completes $12 billion in federal funding for the Hudson Tunnel Project, the largest ever federal …

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Hudson Tunnel Project Secures Historic $6.88B Federal Funding Grant

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Jul 8, 2024 · Signing a Full Funding Grant Agreement through the Federal Transit Administration’s Capital Investment Grants (CIG) program to provide $6.88 billion. It is the largest grant the …

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Office Of The Governor | ICYMI: Gateway Development …

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Jul 8, 2024 · Historic $12 Billion Federal Funding Commitment Includes Largest Ever CIG Grant, Along with Largest Aggregate RRIF Loan. Newark/New York – The Gateway Development …

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Hudson Tunnel Project: $6.88B CIG Grant - Railway Age

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Jul 7, 2023 · The Gateway Development Commission (GDC) announced July 6 that the Hudson Tunnel Project has entered the Engineering Phase of the Federal Transit Administration’s …

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Schumer Announces: Gateway Tunnel – Nation’s Largest …

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Jul 6, 2023 · As Majority Leader, Schumer worked to pass the bipartisan infrastructure bill which contained nearly $40 billion for Northeast Corridor rail and transit improvements; of that, $6.88 …

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Gateway Program Hudson Tunnel Project Enters FTA CIG …

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Project to receive up to $6.88 billion CIG Program grant, poised to have funding for early work construction this year and major construction in 2024 ... Gateway Program Hudson Tunnel …

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Hudson Tunnel Project Secures Final $6.88 Billion Federal Grant

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Jul 10, 2024 · NEW YORK — WSP, a leading engineering, environment and professional services firm, attended the signing on July 9 of the $6.88 billion final federal funding grant for the …

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Feds Approve $6.88 Billion Grant For Hudson Tunnel Project

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Jun 12, 2024 · The federal government has given its approval for a $6.88 billion dollar grant to build the Hudson River tunnel connecting New York and New Jersey, Yahoo!News reported …

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Gateway Development Commission Secures Full Funding For …

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Jul 11, 2024 · The Gateway Development Commission (GDC) today signed a Full Funding Grant Agreement (FFGA) with the Federal Transit Administration (FTA) for $6.88 billion in federal …

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GATEWAY DEVELOPMENT COMMISSION SECURES FULL FUNDING …

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Jul 8, 2024 · Newark/New York – The Gateway Development Commission (GDC) today signed a Full Funding Grant Agreement (FFGA) with the Federal Transit Administration (FTA) for $6.88 …

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Hudson Tunnel Project To Receive $6.88 Billion Federal Grant

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Jul 9, 2023 · The Gateway Development Commission (GDC) announced that the Hudson Tunnel Project has entered the Engineering Phase of the Federal Transit Administration’s (FTA) …

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Gateway Development Commission Secures Full Funding For …

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Jul 8, 2024 · The Gateway Development Commission (GDC) today signed a Full Funding Grant Agreement (FFGA) with the Federal Transit Administration (FTA) for $6.88 billion in federal …

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FAQs about Gateway Tunnel secures $6.88 billion, FTA’s largest ever CIG grant Coupon?

How much funding does the Gateway Project get?

This includes $12 billion in federal funding – the largest federal funding commitment to a rail transportation project in modern history. “For a long time now, the Gateway project has been my passion. It's a labor of love. ...

What is the Gateway Tunnel project?

The Gateway Tunnel Project involves repairing the two existing Northeast Corridor (NEC) passenger rail tunnels under the Hudson, while building two new tunnels alongside them to ultimately increase trans-Hudson transit capacity. The project is the largest infrastructure project in the country and is key to the future development of the region. ...

Why did FTA invest in the Hudson Tunnel project?

“FTA is proud to invest in the Hudson Tunnel Project so these rails can continue to carry millions of people who keep the American economy humming.” “New York City is the economic and cultural hub of the nation. ...

What is FTA's CIG New Starts program?

FTA’s CIG New Starts Program awards grants to new or extensions of existing rail and bus rapid transit projects that cost $400 million or more. The Hudson Tunnels opened to service more than a century ago in 1910. ...

What did Schumer say about the Gateway Tunnel project?

Schumer detailed the funds and gave an update on the Gateway Tunnel project. Schumer said that the funds will mark the largest federal transportation grant ever, and the largest single transportation grant ever to New York State. “For a long time now, the Gateway project has been my passion. It's a labor of love. ...

How will New York City's New tunnels help the Northeast Corridor?

The funding, among the largest federal investments ever in U.S. transportation, will create thousands of new jobs and deliver significant transit and passenger rail improvements to the busy Northeast Corridor with new, modern tunnels under the Hudson River between New York City and New Jersey. ...