$1,750,000. Award for regional infrastructure accelerators to BAY area rapid transit district to assist entities in developing improved infrastructure priorities and financing strategies for the…

The U.S. Department of Transportation's Federal Highway Administration awarded a $1,750,000 Cooperative Agreement to the San Francisco Bay Area Rapid Transit District (BART) to assist entities in developing improved infrastructure priorities and financing strategies for the accelerated development of projects eligible for funding under the Transportation Infrastructure Finance and Innovation Act (TIFIA) program. The award will support activities related to the Mandela Station project and the El Cerrito Plaza Transit-Oriented Development project, with the goal of promoting innovative financing strategies and accelerating BART's credit-finance eligible projects. The award has a performance period from August 1, 2024 to July 31, 2026.

$1,750,000. Award for regional infrastructure accelerators to BAY area rapid transit district to assist entities in developing improved infrastructure priorities and financing strategies for the accelerated development of a project that is eligible for funding under the transportation infrastructure finance and innovation act (TIFIA) program under chapter 6 of title 23, united states code. Activites: mandela station project, EL cerrito plaza TOD project deliverables: promote innovative financing strategies, and to accelerate bart's credit finance eligible projects intended beneficiaries: BAY area commuters