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09/09/2012 12:29 PM

Federal loan request for Tappan Zee

By: Web Staff

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WHITE PLAINS, N.Y. -- The New York State Thruway Authority is asking for a $2.9 billion federal loan to help build a new Tappan Zee Bridge. That is about $900,000 more than what the state previously requested, when it was turned down.

On Friday, the Thruway authority sent a letter to the U.S. Transportation Department detailing the need for a new bridge. Governor Cuomo said he's confident the loan will be approved. The project is expected to cost more than $5 billion. Construction could start later this year, or early next year.