Newsom Announces Short-Term Financial Relief for Bay Area Transit Agencies

Newsom announces short-term financial relief for Bay Area transit agencies

SAN FRANCISCO (KRON) -- California Gov. Gavin Newsom announced on Wednesday that the state would offer short-term financial assistance to beleaguered Bay Area transit agencies. The governor pledged to provide the agencies with an infusion of hundreds of millions of dollars. The state's Department of Finance and the California State Transportation Agency will work with the transit agencies and regional partners to design "short-term financing too…

Deadline extended for Bay Area public transportation loan

The deadline for an emergency loan to keep Bay Area public transit running has been extended.

After stalling, Newsom says $750M in Bay Area public transit loans will be made available

Gov. Gavin Newsom said Wednesday that $750 million in state loans to Bay Area transit agencies will be finalized before the end of the legislative session on Friday, after a deal reached in June to create the funding looked to be breaking down. The post After stalling, Newsom says $750M in Bay Area public transit loans will be made available appeared first on Mountain View Voice.

Governor Says Public Transit Emergency Loans Are Coming

A BART train arrives at the Pleasant Hill BART station in Walnut Creek on Feb. 1, 2021. (Ray Saint Germain / Bay City News Foundation) By Thomas Hughes Bay City News Gov. Gavin Newsom said Wednesday that $750 million in state loans to Bay Area transit agencies will be finalized before the end of the legislative session on Friday, after a deal reached in June to create the funding looked to be breaking down. BART, San Francisco Municipal Transpor…