Gateway tunnel project gets $3.8B in federal funds | Crain's New …

Oct 2, 2024 · A long-delayed $16 billion rail tunnel project bridging New York City and New Jersey just scored its final piece of federal funding. The Federal Railroad Administration provided the …

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Gateway Tunnel Project Gets $3.8B In Federal Funds | Crain's New …

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Gateway Tunnel Project Work Begins Amid $3.8B In New Funding

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Nov 3, 2023 · The existing tunnel is the only passenger rail tunnel between New Jersey and New York. More than 200,000 passenger trips are made on trains through it each weekday, …

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$3.8B Grant Agreement Authorized For Gateway Tunnel Project

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Aug 28, 2024 · $3.8B Grant Agreement Authorized for Gateway Tunnel Project On Aug 28, 2024 The Gateway Development Commission (GDC) Board has authorized GDC to enter into a final …

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Biden Administration Makes Largest Ever Federal Grant To NY / NJ ...

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Jul 9, 2024 · Yesterday, elected officials from New Jersey and New York announced that $6.88 billion in federal funding for the Hudson Tunnel Project has been obtained. The long-awaited …

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NJ-NY Group Approved For Federal Aid For Gateway Rail Tunnel

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Nov 16, 2023 · This NJ-NY agency can now get federal money for Gateway rail tunnel. Why that matters ... NJ gets $675M from feds for rail work to ... the fiscal burden on the state of New …

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

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Jun 12, 2024 · The existing pair of single-track tunnels, which are more than 110 years old, suffered damage from flooding during Hurricane Sandy in 2012. The final green light for the …

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Work Begins On $16.1 Billion New York-New Jersey Tunnel

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Nov 3, 2023 · The $16.1 billion, long-delayed, once-canceled effort to build a new rail tunnel linking New York and New Jersey is officially starting construction after more than a decade of …

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NY To NJ; What The Gateway Hudson Tunnel Project Means For You

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Jul 13, 2024 · The Gateway Project recently secured a $6.88 billion federal grant to advance the Hudson River rail tunnel construction. Here’s what it means for you. When will the Gateway …

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NYC’s $16.1 Billion Gateway Tunnel To NJ Under Hudson River …

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Nov 3, 2023 · The $16.1 billion, long-delayed, once-canceled effort to build a new rail tunnel linking New York and New Jersey is officially starting construction after more than a decade of …

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Construction Of The N.Y.-N.J. Gateway Tunnel, One Of The ... - Nj.com

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Oct 16, 2023 · The work is part of a larger multi-phase joint $16 billion project between New Jersey, New York and Amtrak to build two new Hudson River rail tunnels and rehabilitate the …

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New CEO For Gateway Project To Build Hudson River Rail Tunnel

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Jan 17, 2025 · Prendergast, a New York resident and former head of the Metropolitan Transportation Authority, will oversee the $16 billion project to build a new two-rail tunnel …

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FAQs about Gateway tunnel project gets $3.8B in federal funds | Crain's New … Coupon?

How much money is needed to build a New Jersey & New York Tunnel?

SL A history-making $6.8 billion federal grant completing $11 billion in federal funding to build the $16 billion Gateway rail tunnel between New Jersey and New York was officially secured at a Monday morning ceremony in Manhattan, yards from where the first tunnel machine will start gnawing its way under the Hudson River. ...

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. ...

How much money does Amtrak contribute to the Gateway Tunnel project?

The approved federal share (70%) is larger than originally promised, with Amtrak also contributing to that $12 billion share. New York, New Jersey and Port Authority are contributing the remaining $4 billion. Senator Chuck Schumer announced that the Gateway Tunnel project is set to receive $6.8 billion dollars in federal funding. ...

How will New Jersey & New York rehabilitate a 114-year-old rail tunnel?

The project will build two new rail tunnels under the Hudson River between New Jersey and New York and rehabilitating the existing 114-year-old tunnels. The project includes other infrastructure work from Secaucus Junction to Penn Station New York. ...

Will New York & New Jersey build a new rail tunnel?

A train travels through the North River from Newark, New Jersey, toward New York on Thursday, Dec. 16, 2021. Photographer: Gabby Jones/Bloomberg The $16.1 billion, long-delayed, once-canceled effort to build a new rail tunnel linking New York and New Jersey is officially starting construction after more than a decade of false starts. ...

How much did a federal grant cost to build a rail tunnel?

Photographers and participants at Monday's ceremony commemorating awarding of a record $6.88 billion federal grant to build the $16 billion Gateway rail tunnel take photos at the end of the event in New York. SL ...