FAQs About GiveTaxFree Answered! PART I
FAQs About GiveTaxFree Answered! PART I
givetaxfree.org

A federal grant for new rail tunnels linking N.J. and N.Y.C. is approved, but construction will last years [Video]

Categories
Humanitarian Aid

It’s official. Paperwork was approved Tuesday for a historic $6.8 billion federal grant to build the new Gateway rail tunnels under the Hudson River.

Two major financing agreements were unanimously approved by the Gateway Development Commission Tuesday that put the last two local agreements in place for the $16.04 billion project to build two new rail tunnels between New Jersey and New York City, and to rehabilitate the existing 114-year-old tunnels.

A Full Funding Agreement was approved with the Federal Transit Administration for the $6.88 billion capital investment grant, in addition to approving an initial project budget and schedule. While lawmakers confirmed last month that the grant was being awarded, a formal announcement from the Federal Transit Administration has not been made.

If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreementand agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media …

Why GIVETAXFREE.ORG Should Be Your GO-TO Platform!
Why GIVETAXFREE.ORG Should Be Your GO-TO Platform!
givetaxfree.org