How The Biden Infrastructure Bill Will Transform San Francisco Bay Area Transportation
California alone will receive over $40 billion, most of which will go towards road and public transportation. The Bay Area is expected to receive about $4.5 billion in guaranteed funding, according to notes from a joint meeting of the Metropolitan Transportation Commission and Association of Bay Area Governments on Sept. 10. $3.4 billion will go towards Bay Area transit and $1.1 billion will be invested in flexible highway programs.
In a recent news release, MTC and ABAG wrote that they also expect the Bay Area to receive some of the $4.5 billion in competitive funding allocated to California for bridge repair, as well as dedicated resources for zero emission vehicle charging and resilience projects. Additionally, the Bay Area is eligible to compete for about $140 billion dollars in nationwide grant funding made available through the bill.
Were talking New Deal Era levels of spending here, levels of spending that we just havent quite honestly seen in the US since the 1930s if you adjust for inflation and other changes over time, said Joseph Kane, a fellow at the Brookings Metropolitan Policy Program.
The House voted to pass the bill on Friday, Nov. 5, meaning President Joe Biden will soon sign it into law. The federal funds will be distributed over the course of five years, during which Americas transportation infrastructure will be transformed.
https://peninsulapress.com/2021/11/09/how-the-biden-infrastructure-bill-will-transform-bay-area-transportation/