Rail

Feds nix 50/50 plan for Hudson River Tunnel project

Posted on January 3, 2018

Western Portal at Bergen Hill.
Western Portal at Bergen Hill.
Hudconja

NEWARK, N.J. — NorthJersey.Com reports that a plan to pay for an estimated $13 billion rail tunnel under the Hudson River raises serious concerns, including that it relies on a "non-existent" agreement that would have the federal government foot half the bill, according to a letter from the Federal Transit Administration (FTA).

In a letter to New York and New Jersey officials, FTA Deputy Administrator K. Jane Williams wrote that a recent funding proposal by the states for the first phase of the project, estimated at $11 billion, seeks a 50% federal investment that is "considerably higher than much existing precedent for past 'mega projects'" and would deplete the existing grant program.

The letter also criticized the states' reliance on a 50-50 funding agreement with the federal government.

"We consider it unhelpful to reference a non-existent 'agreement' rather than directly address the responsibility for funding a local project where nine out of 10 passengers are local transit riders," Williams wrote. For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

FRA makes $244M available for rail funding

The FY19 NOFO will fund projects that increase rail transportation safety, efficiency, and reliability.

NJ TRANSIT program to promote TOD projects

By tying mixed use developments to the organization’s rail stations and bus lines via TOD, officials believe municipalities can enhance residents’ quality of life.

DCTA adding service after full PTC implementation

With the new train schedule, there will be improved A-train frequency all day.

Calif.'s Metrolink hits record ridership for FY2019

This milestone marks five years in a row of ridership increases on the Metrolink system

LIRR unveils first customer lactation pod at Penn Station

The first public lactation pod in the MTA system was installed this week near the start of National Breastfeeding Awareness Month.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation