Washington, D.C. (July 8, 2024) – American Public Transportation Association (APTA) President and CEO Paul P. Skoutelas released the following statement:
“Today marks a historic day in American infrastructure with the Federal Transit Administration (FTA) signing a Full Funding Grant Agreement that authorizes the agency to invest nearly $6.9 billion – the largest grant in FTA history – in the Hudson River Project.
“This landmark project underscores the Administration’s commitment to revitalizing and modernizing American infrastructure under the Bipartisan Infrastructure Law (BIL). It will enhance passenger rail travel for millions, support economic vitality, and demonstrate the nation’s capacity for large-scale, collaborative achievements.
“Historic investments under the BIL are vital for America’s future strength and prosperity. Strong public transit and passenger rail grows the economy by connecting people to jobs, education, healthcare, businesses, and opportunities. Investing fully in public transportation will benefit all Americans.”
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