NYC Rail Tunnel Project Secures Final $3.8 Billion Federal Funding

Reported 7 days ago

The long-awaited $16 billion rail tunnel project connecting New York City and New Jersey has secured its final federal funding of $3.8 billion, completing a $12 billion federal contribution to the Hudson Tunnel project. The funding will aid in alleviating congestion under the Hudson River by constructing a new tunnel and upgrading an existing 100-year-old one, with completion expected by 2038. The project is set to begin tunnel boring this year, and officials express optimism about moving forward after years of political hurdles.

Source: YAHOO

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