Statement from Governor Murphy on Secretary Buttigieg’s Decision to Rescind Trump-Era Funding Policy
Statement from Governor Murphy on Secretary Buttigieg’s Decision to Rescind Trump-Era Funding Policy
02/17/2021
“I spoke with Secretary Buttigieg recently and raised my concerns on this funding issue with him directly, and I am pleased to see this action taken.”
Under the Trump Administration guidance, first announced in June 2018, federal loans taken out by local project partners no longer counted as part of the local share for Capital Investment Grant (CIG) projects, making it harder for states to finance their portions of transit infrastructure improvements, such as the Hudson Tunnel Project. On February 16, 2021 Acting FTA Administrator, Nuria I. Fernandez, issued a “Dear Colleague” letter officially rescinding this Trump Administration policy.
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