A Feb. 16 reversal by the new Federal Transit Administration of a Trump-era ruling on transit funding has switched a red light to green on a $11.6-billion plan to build a new rail tunnel under the Hudson River and rehabilitate the existing one.
The Gateway Program to improve train capacity between New Jersey and New York was stalled when the agency, three years ago, announced it would no longer consider federal loans as part of states’ portions of the funding.