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Rail News: Passenger Rail
4/1/2013
Rail News: Passenger Rail
Cuomo welcomes additional $1 billion in federal aid for Hurricane Sandy recovery in New York
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New York Gov. Andrew Cuomo late last week acknowledged an additional $1 billion allocation in federal Hurricane Sandy relief aid for the Metropolitan Transportation Authority (MTA).
The funds will be used to help MTA cover the cost of rebuilding its subway, bus and commuter-rail systems damaged by the storm, which struck in late October 2012.
The $1 billion allocation from the Federal Transit Administration is in addition to more than $193 million in initial reimbursement allocated in March to MTA's New York City Transit, Metro-North Railroad and Long Island Rail Road, as well as $3 million from the Federal Emergency Management Agency for MTA bridges and tunnels.
"New York worked hard to make its case to Congress that the unprecedented damage to our vital transportation network deserved immediate federal help for recovery," Cuomo said in a prepared statement.
The funds will be used to help MTA cover the cost of rebuilding its subway, bus and commuter-rail systems damaged by the storm, which struck in late October 2012.
The $1 billion allocation from the Federal Transit Administration is in addition to more than $193 million in initial reimbursement allocated in March to MTA's New York City Transit, Metro-North Railroad and Long Island Rail Road, as well as $3 million from the Federal Emergency Management Agency for MTA bridges and tunnels.
"New York worked hard to make its case to Congress that the unprecedented damage to our vital transportation network deserved immediate federal help for recovery," Cuomo said in a prepared statement.
