The San Francisco Bay Area Water Emergency Transportation Authority (WETA) was awarded a $21,157,300 Formula Grant from the Federal Transit Administration (FTA) under the Federal Transit Formula Grants program (CFDA 20.507). The grant funds will support the construction of a replacement passenger ferry vessel, the MV Mare Island, which has reached the end of its 25-year useful life. This project will maintain the size and passenger capacity of WETA's ferry fleet, ensuring the continued provision of reliable public waterborne transportation services across the San Francisco Bay Area. The total eligible project cost is $26,446,625, with WETA providing a $5,289,325 (20%) local match using regional bridge tolls. The grant award date is July 29, 2024, and the targeted completion date for the vessel replacement is March 31, 2028.
Generated 2/25/25, 4:33 AM