APTA Applauds Administration’s Historic Hudson River Tunnel Investment
7/11/2024
In a statement July 8, APTA President and CEO Paul P. Skoutelas said, “Today marks a historic day in American infrastructure with the FTA signing a Full Funding Grant Agreement that authorizes the agency to invest nearly $6.9 billion—the largest grant in FTA history—in the Hudson River Tunnel Project.
“This landmark project underscores the Administration’s commitment to revitalizing and modernizing American infrastructure under the Bipartisan Infrastructure Law (BIL). It will enhance passenger rail travel for millions, support economic vitality, and demonstrate the nation’s capacity for large-scale, collaborative achievements.
“Historic investments under the BIL are vital for America’s future strength and prosperity. Strong public transit and passenger rail grows the economy by connecting people to jobs, education, healthcare, businesses, and opportunities. Investing fully in public transportation will benefit all Americans.”