Hudson Tunnel Project takes steps to secure $6.5B federal grant
Gateway Commission approves Project Development Agreement
By Matthew Fazelpoor
November 21, 2022
"The Gateway Development Commission (GDC) announced a series of actions during a meeting of its board of commissioners Nov. 18 that begin the next phase of advancing the long-anticipated Hudson Tunnel Project forward.
The GDC submitted a request to the Federal Transit Administration (FTA) for the project to enter into the Engineering Phase of the Capital Investment Grants (CIG) Program process. A Project Development Agreement (PDA) was also approved, which outlines the specific roles and responsibilities of the partner agencies that will govern the project.
The request to the FTA is the next major step toward, hopefully, to obtaining the $6.5 billion federal grant funding the partners are seeking..."
https://njbiz.com/hudson-tunnel-proj...federal-grant/