U.S. Senator Robert Menendez and local officials met at the Hoboken Terminal Monday Morning to discuss the impact of a recently-passed transportation bill.
"Moving Ahead for Progress in the 21st Century Act," or MAP-21, is a surface transportation bill that was recently passed by the Senate and aims to create or maintain 2.8 million jobs, lower mass transit commuting costs, and repair major roads and bridges.
"This transportation bill is a jobs bill that will give a much-needed boost to our economy, rebuild our roads and bridges, and help make our nation more competitive," said Menendez.
According to a press release, aspects of the bill include: nearly $1 billion per year in state highway funding; the protection/creation of nearly 3 million jobs nationwide; a new $10 million transit-oriented development planning program that seeks to help communities by planning development around new transit hubs; an additional $1.2 million in funding for the National Transit Institute at Rutgers.
Also present at the event were Hudson County Freeholder Anthony Romano and Hoboken Councilman David Mello, chairman of the city's Committee on Parking and Transportation.-Stephen LaMarca