Federal transportation officials are moving quickly to release $2 billion in aid to cover recovery costs for transit systems in New Jersey, New York and other eastern states that suffered major damage from Superstorm Sandy.
The Federal Transit Administration announced on Feb. 4 that it will use $2 billion of the $10.9 billion it received in the recently enacted post-Sandy spending bill to reimburse local transit agencies for operating and capital costs they incurred after the massive storm struck in late October.