The state will make yearly loan payments of $124 million starting in 2033. This will pay for 25% of the cost to build two new rail tunnels under the Hudson river.
https://bronx.news12.com/nj-agrees-to-payment-plan-for-its-share-of-the-hudson-river-rail-tunnel
cover tunnel photo by: Matt Brown from London, England / CC BY
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https://bronx.news12.com/nj-agrees-to-payment-plan-for-its-share-of-the-hudson-river-rail-tunnel
NJ agrees to payment plan for its share of the Hudson River Rail Tunnel
bronx.news12.comNew Jersey officials have agreed to a payment plan to pay for the state’s share of the Hudson River Rail Tunnel Project.