Penn Station to Benefit From $4.7 Billion Amtrak Funding Boost

The US Department of Transportation is allocating $4.7 billion to renovate New York City’s Penn Station and Washington’s Union Station, providing funds to enhance two iconic East Coast transportation hubs.

In addition, the money will go toward streamlining passenger rail service, rebuilding bridge infrastructure and other renovations in Amtrak’s Northeast corridor, according to a statement from Transportation Department Secretary Sean Duffy.