Gateway Tunnel secures $6.88 billion, FTA’s largest ever CIG grant

Gateway Tunnel secures $6.88 billion, FTA’s largest ever CIG grant Image credit: FTA

The Federal Transit Administration (FTA) and Gateway Development Commission (GDC) have signed the $6.8 billion full funding grant agreement to build the $16 billion Gateway Tunnel project between New Jersey and New York. This is the largest federal transit grant in history and completes the $12 billion federal investment in Gateway.

The Gateway Tunnel project is decades overdue. It will replace a delay-prone, 114-year-old tunnel that has one track in and one track out connecting New York and New Jersey. Ground has already been broken on both sides of the Hudson River.

Crews are expected to start heavy construction this year.  The new tunnel is expected to take about ten years to complete, and should be open by 2035. Once it's complete, crews will move forward with rehabilitating the existing tunnels, which initially opened in 1910. When all four tracks are up and running, the new and updated tunnels will connect around 200,000 people daily. 

Source: Congresswoman Mikie Sherrill