A massive rail project in the New York metro region could tap up to $541 million in federal funding within the impending omnibus spending bill, despite President Trump’s objections.
A source familiar with the matter said the funds would not need approval from the Transportation Department, which previously said it opposes financing the Gateway project in the spending package set to be unveiled later Wednesday.
Amtrak will likely be able to contribute a minimum of $388 million to Gateway using its Northeast Corridor Account, while New York and New Jersey will receive another $153 million from the Federal Transit Administration’s High-Density States and State of Good Repair grant programs, according to the source.
Read the complete article at http://thehill.com/policy/transportation/railroads/379527-gateway-to-get-541-million-in-omnibus
