The Hunts Point Terminal Market in New York City received a $25 million federal grant this week earmarked for traffic-congestion mitigation and air quality. Elected and economic development officials at the state and federal levels hope the latest move will help keep the 45-year-old facility in the South Bronx.

The grant, awarded under the Congestion Mitigation and Air Quality Improvement Program, or CMAQ, and approved by the New York Metropolitan Transit Council, will complete the public-sector contribution to redevelopment of the market, which covers 60 acres on a South Bronx peninsula.

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