NJ Transit Approves Financing Agreement for New Portal Bridge

The NJ TRANSIT Board of Directors approved a financing agreement with the New Jersey Economic Development Authority (EDA) which provides up to $600 million toward the construction of a new Portal Bridge. The commitment solidifies New Jersey's local share of the project cost. “We're not going to kick the can down the road any longer,” said Diane Gutierrez-Scaccetti, Department of Transportation commissioner and NJ TRANSIT Board chair....

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