GATEWAY DEVELOPMENT COMMISSION SECURES FULL …

Jul 8, 2024 · current tunnels, no one knows better than NJ TRANSIT and our riders about the desperate need for the new tunnels.” “After years of planning and persistence, the Hudson …

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GDC Announces Execution Of $3.8bn Grant For HTP

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Sep 30, 2024 · The FSP Grant Program was established by the Infrastructure Investment and Jobs Act (IIJA) to fund capital projects that reduce the state of good repair backlog, improve …

tunnellingjournal.com

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GDC Authorises $3.8bn Hudson Tunnel Project Loan

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Aug 28, 2024 · At the Hudson Yards Concrete Casing – Section 3 (HYCC-3) groundbreaking in November, Majority Leader Schumer announced that the grant would revise the HTP’s funding …

tunnellingjournal.com

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FACT SHEET: Biden-Harris Administration Advances Gateway …

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Jul 6, 2023 · In late January 2023, President Biden announced a $292 million Mega grant to Amtrak for Hudson Yards Concrete Casing, Section 3, part of a $649 million early phase …

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FACT SHEET: President Biden Announces Funding For Major …

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Hudson Tunnel Project. President Biden will announce a $292 million Mega grant to Amtrak for Hudson Yards Concrete Casing, Section 3. This funding is part of a $649 million early phase …

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President Biden Announces $292M In Federal Funding For Hudson …

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Jan 31, 2023 · The money will fund long-delayed upgrades to the existing tunnel, which was built in 1910 and now transports 200,000 passengers on 450 trains a day. It also will allow workers …

newjerseymonitor.com

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Biden To Dedicate Almost $300 Million To Better Connect New York …

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Feb 1, 2023 · The Hudson Tunnel Project will get $292 million in partial federal funding for one of the first elements of the project: the Hudson Yards Concrete Casing, Section 3, which will as …

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Hudson Yards Concrete Casing Project Lands $292.2 Million Mega …

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Feb 1, 2023 · The Hudson Tunnel Project, a key part of the Gateway Program, received a significant funding commitment from the federal government with a $292.17 million grant …

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Hudson Tunnel Construction Marks One Year – CNR Magazine

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Jan 5, 2025 · It’s a multi-phase effort that is estimated to cost more than $16 billion, of which $12 billion in federal funding of has already been received via the Infrastructure Investment and …

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Biden Says Hudson River Tunnel Project Is Finally Full Steam Ahead

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Jan 31, 2023 · Biden visited the rail yard on Manhattan’s west side to formally announce a nearly $300 million grant for the decades-long project to build a new rail tunnel under the Hudson and …

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FAQs about GATEWAY DEVELOPMENT COMMISSION SECURES FULL … Coupon?

How much money is needed to build new tunnels under the Hudson River?

The plan to build two new tunnels under the Hudson River and improve the existing tunnels received a $6.8 billion grant from the federal government. Work on infrastructure updates was already underway, but the grant allows the hiring of crews to start digging the new tunnels. ...

How much funding did the Gateway Tunnel project get?

Updated on: July 9, 2024 / 12:17 PM EDT / CBS New York NEW YORK -- Critical funding for the $16 billion Gateway tunnel project was made official Monday. The plan to build two new tunnels under the Hudson River and improve the existing tunnels received a $6.8 billion grant from the federal government. ...

What is the Hudson River Tunnel project?

The Hudson River Tunnel project will build a new two-track rail tunnel from the Bergen Palisades in New Jersey to Manhattan, directly serving New York Penn Station and rehabilitating the existing North River Tunnel. Additionally, as part of the construction, nearly 5,000 new affordable housing units will be created in the adjacent Hudson Yards. ...

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. ...

When will New York's New tunnels be completed?

Gateway Development Commission CEO Kris Kolluri said work to dig the new tunnels could start before the end of 2024. The goal is to complete the project by 2035. New York and New Jersey leaders, including Gov. Kathy Hochul, Gov. Phil Murphy, Senate Majority Leader Chuck Schumer, Sen. Cory Booker and Rep. Jerry Nadler, attended the announcement. ...

When will work on new tunnels start?

Work on infrastructure updates was already underway, but the grant allows the hiring of crews to start digging the new tunnels. Gateway Development Commission CEO Kris Kolluri said work to dig the new tunnels could start before the end of 2024. ...