New York City Receives Federal Approval for Congestion Pricing Plan
- New York City will implement a congestion pricing plan to reduce traffic and improve air quality.
- The program is expected to begin in spring of 2024 and will charge drivers a fee to enter Manhattan south of 60th Street.
- The toll fee is yet to be decided by the Metropolitan Transportation Authority.
- The plan has been approved by the Federal Highway Administration and could generate up to $1 billion in revenue yearly.
- The revenue will be used to upgrade the city's mass transit systems.