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NJ Transit board approves $500M EDA bond to buy equipment

Clip: 12/11/2019 | 3m 9sVideo has Closed Captions

NJ Transit board members approved spending $500 million to buy new trains and buses.

At December's NJ Transit board meeting, members approved spending $500 million to help the cash-strapped agency buy more buses and trains. The money will be raised by bonds through New Jersey’s Economic Development Authority and paid back over 28 years at no more than 6% interest.

12/11/2019

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NJTV News is a local public television program presented by NJ PBS

A cautionary tale about NYC homeless program

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Clip: 12/11/2019 | 2m 53s | One story serves as a cautionary tale about NYC's homeless relocation program. (2m 53s)

Deadly shootout in Jersey City found to be targeted attack

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Clip: 12/11/2019 | 4m 25s | Contrary to state officials, Jersey City's mayor is calling the attack a hate crime. (4m 25s)

Federal Reserve upbeat on United States economy

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Clip: 12/11/2019 | 2m 35s | Business Correspondent Rhonda Schaffler brings you today's New Jersey business news. (2m 35s)

Remembering Det. Joseph Seals; dedicated cop and father

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Clip: 12/11/2019 | 3m 7s | Det. Joseph Seals is one of six people who died in the aftermath of Tuesday's shooting. (3m 7s)

Site of Jersey City shooting a neighborhood in transition

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Clip: 12/11/2019 | 2m 4s | The Greenville and Lafayette neighborhoods of Jersey City are in transition. (2m 4s)

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