Transbay Corridor Capacity Program Funding Awaits Approval
The Transbay Corridor Core Capacity project will receive a fiscal year 2018 funding allocation of $300 million through the US Department of Transportation’s Capital Investment Grants program.
SAN FRANCISCO—The Transbay Corridor Core Capacity project may receive a fiscal year 2018 funding allocation of $300 million through the US Department of Transportation’s Federal Transit Administration Capital Investment Grants/CIG program. Upon final FTA approval of a construction grant agreement, the project will receive the funding as an initial payment on the total CIG commitment.
The project will improve capacity on the existing BART system between Oakland and downtown San Francisco. It will allow BART to operate up to 30 trains per hour through the Transbay Tube, helping to alleviate crowding and accommodate growing ridership.
In addition, FTA is also advancing the Transbay project into the engineering phase, the second phase of the CIG program. The project must still progress through additional steps in the CIG program to be eligible to receive a construction grant agreement.
The CIG program provides funding for major transit infrastructure capital investments nationwide. Projects accepted into the program must go through a multi-year, multi-step process according to requirements in law to be eligible for consideration to receive program funds.
Assuming this funding is approved, the FTA has advanced funding for 23 new CIG projects since January 20, 2017, totaling approximately $6.3 billion in funding commitments.