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New York

hrmjustin

(71,265 posts) Fri Nov 1, 2013, 01:37 PM Nov 2013

Feds approve $1.6 billion loan to build new Tappan Zee Bridge

WASHINGTON – The US Department of Transportation has approved a $1.6 billion loan to help finance construction of the new Tappan Zee Bridge over the Hudson River between Westchester and Rockland counties.

The funding comes from the DOT’s Transportation Infrastructure Finance and Innovation Act.

Governor Andrew Cuomo called the loan “a huge win for New York State.”

The issue of tolls to cross the new twin-span remains up in the air, the governor noted.

Read more at http://empirestatenews.net/News2013/20131101-1.htm

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