Bay Area Grabs $590 Million Lifeline To Keep Transit From Hitting The Brakes

Deal Reached on $590M Loan to Prop Up Transit Agencies

Officials have agreed on a $590 million loan to stave off service cuts to AC Transit, BART, Caltrain and SF Muni before voters decide on a tax on the ballot.

Bay Area Grabs $590 Million Lifeline To Keep Transit From Hitting The Brakes

Gov. Newsom and MTC agreed to a $590M bridge loan to prevent cuts at BART, Muni, Caltrain and AC Transit; funds available July 1, 2026.

Deal Reached On $590 Million Loan To Prop Up Transit Agencies, Including BART

State and local officials have agreed on a $590 million bridge loan to prop up Bay Area transit agencies until voters decide on a sales tax increase to bolster the systems. The loan will stave off service cuts at AC Transit, BART, Caltrain and San Francisco Muni pending revenue from a proposed five-county tax hike, the Metropolitan Transportation Commission said Friday. Without the bridge loan, the systems that carry hundreds of thousands of…

Deal reached on $590M loan to prop up Bay Area transit agencies

State and local officials have agreed on a $590 million bridge loan to prop up Bay Area transit agencies until voters decide on a sales tax increase to bolster the systems. The post Deal reached on $590M loan to prop up Bay Area transit agencies appeared first on Livermore Vine.