The New York Metropolitan Transportation Authority (MTA) has received $886m funding from the US Department of Transportation (DOT) to rebuild and replace transportation equipment and facilities damaged or destroyed by Hurricane Sandy.

MTA will use $535m to repair Greenpoint, Montague, and Steinway damaged under-river tunnels, while $138.9m will be used to restore damaged substations and power infrastructure for the Long Island Rail Road (LIRR) and Metro-North Railroad.

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Another $88.1m tranche will be used to repair essential communications and signal equipment for Metro-North (system-wide) and LIRR’s Long Beach Branch and Westside storage yard.

"The funds we are providing today will go a long way to help the MTA."

MTA will use $91.5m to restore damaged rights of way on the Metro-North Harlem, Hudson, and New Haven Lines including design services, while $32m will be invested to repair stations, employee facilities, and fare collection equipment for both rail and bus facilities.

Federal Transit administrator Peter Rogoff said: "One of our highest priorities in the wake of this record-breaking storm is to ensure that the MTA is able to restore and protect a public transportation network that operates as the central nervous system for New York City and beyond.

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"We will make sure that taxpayer dollars are well spent, and that no one is asked to pay to restore the same transit infrastructure when the next big storm hits."

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US Transportation Secretary Anthony Foxx said: "The funds we are providing today will go a long way to help the MTA continue clearing debris from tunnels, rebuilding stations, and replacing electrical systems damaged by flooding, giving transit riders a transit system that is stronger than ever before."

The Federal Transit Administration (FTA) has already allocated $3.8bn to MTA for Sandy-related work.