Top
image credit: Adobe Stock

$16B Hudson River Tunnel Project Passes Funding Milestone

September 13, 2022

Via: ENR
Category:

Plans for the $16.1-billion Hudson River rail tunnel project passed a key milestone Sept. 13 as the board of the Gateway Development Commission voted to take on the project sponsor role, enabling it to seek and receive billions of dollars in federal funding.

The vote enables the commission to take over responsibility for the project from the Port Authority of New York and New Jersey. As project sponsor, the commission can apply for federal loans.

Read More on ENR