Commuter Rail
N.J. Transit Signs Funding and Project Agreements
NEWARK, N. J. — Momentum continued to build toward construction of the Mass Transit Tunnel today with the N.J. Transit Board approving key agreements with partner agencies. The agreements — with Amtrak and the Port Authority of New York and New Jersey — establish frameworks to ensure coordination and efficiency during the multi-year construction phase and come just one month after the Federal Transit Administration issued a Record of Decision completing the environmental review process and clearing the project for federal funding and final design. The agreement with the Port Authority formalizes the agency’s $3 billion investment in the project.
