New Jersey’s House delegation has banded together to urge the Federal Transit Administration (FTA) to keep the agency’s long-standing funding formula when it allocates $14.2 billion in funding to transit agencies in New Jersey, New York and Connecticut.
The U.S. House signed off on legislation that could send billions of dollars to Amtrak for the Northeast Corridor, but precisely how the railroad might use the money is unclear.
The federal government could allocate nearly $6.6 billion in grants to Amtrak over the next five years for “activities associated with the Northeast Corridor.”
After securing approximately $2 billion in pandemic relief from the American Rescue Plan (ARP) for N.J. Transit, U.S. Sens. Bob Menendez and Cory Booker, D-New Jersey, said they want more federal tax dollars to help modernize New Jersey’s aging transportation infrastructure.
President Joe Biden’s proposed $2 trillion infrastructure plan could allocate money for an extension of the Second Avenue Subway in Manhattan, according to published reports.