The Federal Transit Administration (FTA) awarded a $300 million Fiscal Year (FY) 2018 funding allocation to the Transbay Corridor Core Capacity project through FTA’s Capital Investment Grants (CIG) Program. The project will improve capacity on the existing Bay Area Rapid Transit (BART) heavy rail system between Oakland and downtown San Francisco.
With this announcement, FTA has advanced funding for 23 new CIG projects throughout the nation under this administration since January 2017, totaling approximately $6.3 billion in funding commitments.
The Transbay Corridor Core Capacity project will implement capacity improvements for the BART heavy rail transit system between Oakland and Daly City in South San Francisco. Upon final FTA approval of a construction grant agreement, the project will receive $300 million in FY 2018 CIG funds as an initial payment on the total CIG commitment.
In addition to the allocation announcement, 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.
“We are pleased to allocate funding to San Francisco’s Transbay project,” said FTA Acting Administrator K. Jane Williams. “This project will allow BART to operate up to 30 trains per hour through the Transbay Tube, helping to alleviate crowding and accommodate growing ridership.”