Final Required Documents for Full-Funding Grant Agreement Submitted to FTA, GDC Announces at Board Meeting

The Gateway Development Commission (GDC) announced at its April board meeting today that it has submitted all documents required by the Federal Transit Administration (FTA) to reach a Full-Funding Grant Agreement (FFGA) for $6.88 billion in Capital Investment Grants (CIG) Program funding for the Hudson Tunnel Project (HTP).

This comes as GDC transmitted the last of its Critical Third-Party Agreements to the FTA on March 30, 2024, clearing the way for the HTP to secure all $16 billion by June 2024 for the project’s full delivery. The HTP has the largest federal funding commitment to a mass transit project in modern history.