A new financial plan has been submitted to the Federal Transit Administration to support the Hudson Tunnel Project’s inclusion in the CIG (Capital Investments Grant) Program; the project is one segment of the Gateway Program on the Northeast Corridor.
New Jersey Transit has approved entering into a Full Funding Grant Agreement (FFGA) with the Federal Transit Administration (FTA) for the new, $1.8 billion fixed-span Portal North Bridge on the Northeast Corridor, crossing the Hackensack River in the New Jersey Meadowlands. Portal North, part of the massive Gateway Program, will replace 110-year-old Portal Bridge, a mechanical-trouble-plagued swing bridge built by the Pennsylvania Railroad in 1910 as part of its New York Improvements project.
