Hudson Tunnel Project to receive US$6.88bn federal grant

Jul 10, 2023 · The US$16bn project involves building the new 3.9km two-tube Gateway Tunnel under the Hudson River, between Newark, New Jersey, and New York City’s Penn Station, …

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Hudson Tunnel Project To Receive US$6.88bn Federal Grant

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Jul 10, 2023 · The US$16bn project involves building the new 3.9km two-tube Gateway Tunnel under the Hudson River, between Newark, New Jersey, and New York City’s Penn Station, …

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ICYMI: 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 $6.88B Federal Grant

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Jul 6, 2023 · President Biden announced a $292 million grant to fund the Hudson Yards Concrete Casing – Section 3 project. The Hudson Tunnel Project consists of two new tubes that cover …

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Hudson River Tunnel Project Receives Key Approval, $6.88B Federal ...

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Jul 7, 2023 · The Hudson River Tunnel project received federal approval to begin the engineering phase and an up to $6.88 billion funding commitment from the Federal Transit Administration, …

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Hudson Tunnel Project To Get $6.88B; Largest Transit Grant ... - ROI-NJ

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Jul 7, 2023 · The Hudson Tunnel Project has entered the Engineering Phase of the Federal Transit Administration’s Capital Investment Grants Program, thanks to a $6.88 billion CIG …

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Hudson Tunnel Project Secures Historic $6.88B Federal Funding Grant

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Jul 8, 2024 · State leaders from New Jersey and New York as well as Hudson Tunnel Project stakeholders and more gathered July 8, 2024, to mark the signing of a full funding grant …

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Hudson Tunnel Project – Receiving US$6.88bn Federal Grant

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Jul 12, 2023 · The US federal government has to award US$6.88bn to the Hudson Tunnel Project to provide almost half the cost of the new river crossing.

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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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$16B Gateway Tunnel Project Under Hudson River Gets Final …

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Jun 12, 2024 · The federal grant, the largest ever awarded to a mass-transit infrastructure project in the country, completed the funding puzzle and final green light for the long-delayed tunnel …

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Hudson Tunnel Project Set To Receive $6.88B In Federal Funding

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Jul 6, 2023 · Set to receive $6.88 billion in federal funds, the Hudson Tunnel Project has entered the Engineering Phase of an FTA grants program.

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THE HUDSON TUNNEL PROJECT - Gateway Program

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May 10, 2024 · The federal funding commitment to the Hudson Tunnel Project represents the largest federal investment ever in a mass transit project. Altogether, GDC has $12 billion in …

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THE HUDSON TUNNEL PROJECT

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The federal funding commitment to the Hudson Tunnel Project represents the largest federal investment in a rail transportation project in modern history. Altogether, GDC has $12 billion in …

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New CEO For Gateway Project To Build Hudson River Rail Tunnel

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Jan 17, 2025 · Thomas Prendergast will oversee the $16 billion project to build a new rail tunnel between North Jersey and Manhattan for rail passengers.

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FAQs about Hudson Tunnel Project to receive US$6.88bn federal grant Coupon?

How much does the Hudson Tunnel project cost?

The federal funding commitment to the Hudson Tunnel Project represents the largest federal investment ever in a mass transit project. Altogether, GDC has $12 billion in federal commitments, with total project costs split 70-30 between federal and local partners. ...

What is the Hudson River Tunnel project?

The Hudson River Tunnel project will construct a critical new rail tunnel between New York and New Jersey along a vital economic corridor – just one area of focus for investment across the country as part of the Biden-Harris Administration’s $66 billion investment in passenger rail. ...

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. ...

Will Biden build the Hudson Tunnel project?

“Today, President Biden is making good on his promise to fix that and build the Hudson Tunnel Project. Using funds from the President's infrastructure law, we are building a new tunnel that improves train travel for millions of Americans and revitalizes a rail corridor that is essential to so much of the nation's economy. ...

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. ...

How will the new Hudson River tunnel affect Amtrak?

“The new Hudson River Tunnel will supercharge the rail connections across our region and to the nation, improving and expanding rail service in ways we’ve only been able to dream about in the past,” said Amtrak Board Chair and GDC Vice Chair Tony Coscia. ...