U.S. Grants Record $6.9 Billion for Hudson Rail Tunnel

The federal government plans to provide $6.88 billion in funding for the construction of a second rail tunnel under the Hudson River to New York City.
The Biden administration plans to award a $6.88 billion grant for the construction of a new railway tunnel between New York City and New Jersey.
The Biden administration is awarding a $6.9 billion grant for the construction of a passenger rail tunnel between New York and New Jersey.
The grant is the largest federal transit grant ever awarded and will fund the construction of a new tunnel and the rehabilitation of the existing tunnel.
The project aims to create a four-track system between New Jersey and Manhattan's Penn Station, eliminating a major bottleneck in the Northeast Corridor.