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The agency will make a “down payment” toward an eventual commitment of $3 billion by approving a $1.35 billion Early Systems Work Agreement (ESWA). The project will allow NJ Transit to double rail service capacity into Manhattan.
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The agency is investing $420 million in ARRA funding on several capital projects including the Mass Transit Tunnel, a new transit center, signal improvements, rail line interlocking and bus shelters.
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