NYC Gateway Tunnel Gets Set for Federal Funding as U.S. Raises Priority
- Decision releases federal money for $12.4 billion project
- New tubes to ease movement for commuters, Northeast travelers
A train travels through the North River tunnel from Newark, New Jersey, towards New York.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
The Gateway commuter-rail tunnel project in New York and New Jersey is receiving a long-awaited priority boost that will make it eligible for federal funding.
The Federal Transit Administration, which provides grants for local bus, subway and rail systems, is raising the project to “medium-high” from “medium-low,” according to a news release from the agency. The rating needs to be at least medium to qualify for money.