New Jersey Transit has received a $766.5 million grant agreement from the Federal Transit Administration (FTA) for the $1.888 billion two-track, fixed-span Portal North Bridge Project in Hudson County.
The committed FTA funds will go toward replacing the 110-year-old Portal Bridge across the Hackensack River in the New Jersey Meadowlands. The Federal Highway Administration is providing some $57 million for the project. NJ Transit and Amtrak will provide the balance of funding, about $977 million, and share operating and maintenance.
NJ Transit announced Dec. 10 that it approved entering into a Full Funding Grant Agreement (FFGA) with FTA for the project. It is expected to be completed in 2026.
“This grant award represents the first intercity rail project funded under the Capital Investments Grants [CIG] Program,” FTA Deputy Administrator K. Jane Williams said in a video announcement Jan. 11. “It is also the first project funded as part of the Gateway Program, which strengthens the connections between New Jersey and New York, and represents the first significant investment to improve rail safety and reliability on the Northeast Corridor in decades.”