US$ 171 million loan for Transbay Transit Center Project

The Transbay Joint Powers Authority’s US$ 4 billion Transbay Transit Center Project has received a US$ 171 million loan under the US’s Transportation Infrastructure Finance and Innovation Act (TIFIA). The loan will fund about 14% of the project’s US$ 1.2 billion Phase I capital costs. The new Transbay Transit Center Project in San Francisco is funded through local, state, and federal funding sources. Video: Courtesy of the Transbay Joint Powers Authority.