Historic $6.88 Billion Federal Grant Secures Future of Gateway Tunnel Project
The largest ever mass transit grant finalizes funding for the long-awaited Hudson River rail tunnel, slated for completion by 2035.
- The Gateway Tunnel project will connect New Jersey and New York, enhancing Amtrak and NJ Transit services.
- Federal funding now totals $12 billion, covering 70% of the project's $16 billion cost.
- New York and New Jersey are contributing $3.8 billion, with Amtrak adding $1 billion.
- Construction, including tunnel boring, is expected to begin this year.
- The project aims to alleviate congestion and repair the existing 110-year-old tunnel damaged by Superstorm Sandy.