The federal government will split the projected $20 billion cost for two new commuter tunnels under the Hudson River 50-50 with New York and New Jersey. The tunnels would help avert a commuter catastrophe if one of the existing tunnels needs to be closed for repairs.
Lawmakers and transportation advocates say 20,000 a day would ride the Bergen light rail, property values would increase by 20 percent in a short time , businesses would boom and highways such as Route 4 would have less traffic.
NJ Transit was hoping to receive $50 million from a federal transportation bill that would provide funding to improve train stations, such as Elizabeth. However, a House version of the bill includes an amendment that kills transit programs and would affect future projects.
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