By Stuart Chirls, Senior Editor, Railway Age Magazine; February 15, 2018
A revision by the Federal Transit Administration lowering the priority rating for the proposed Gateway rail tunnels could endanger funding for the project linking New York and New Jersey.
The FTA in an annual funding report for its Capital Investment Grants Program sent to Congress on Feb.12 issued a “Medium-Low” rating to the planned $13-billion tunnel project under the Hudson River. That was the second-lowest rating on a five-point scale, and the first time the Gateway grant application had received a formal rating.
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