New York City Transit Relief: MTA to Receive $ 6 Billion in Federal Aid

An MTA employee wears a mask in a subway train (AP Photo / Frank Franklin II, File)

NEW YORK (AP) – New York City subways and commuter trains receive a large chunk of federal COVID-19 relief funds.

Senator Chuck Schumer announced on Wednesday that the Metropolitan Transportation Authority had received $ 6.2 billion, part of more than $ 14.5 billion in overall federal aid.

“We are grateful to Senate Majority Leader Schumer, the New York delegation and Governor Hochul for their continued support of public transportation,” MTA Acting Chairman and CEO Janno Lieber said on Wednesday in a statement. communicated.

Schumer said he insisted that the funds be disbursed in a lump sum rather than gradually in much smaller amounts as usual.

“Our subways, buses and railways are the secret sauce that keeps the region on the move, helping to rebuild New York’s vibrant economy while fighting climate change. This funding helps the MTA continue to provide industry-leading service and avoid rate increases in the short term, ”said Lieber.

The MTA has forecast that it will have a budget deficit of $ 1.4 billion by 2025, the residual effect of the loss of more than 90% of ridership on subways, trains and buses at most. height of the pandemic.

Metro ridership is still around 40% behind levels before the pandemic.

Lieber will appear on the PIX11 Morning News at 8:15 a.m. Thursday to talk about federal aid. Watch live here.

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