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The Metropolitan Transportation Commission (MTC) last week voted to allocate $375 million for the second phase of the Bay Area Rapid Transit Silicon Valley Extension project, which will bring regional BART service closer to downtown San Jose and Santa Clara, California.
The funding approval marks a milestone in the Santa Clara Valley Transportation Authority's (VTA) project to complete a 6-mile extension of heavy rail service. Phase 2 includes 5 miles of an underground tunnel and four additional stations.
The $375 million allocation is regional funding provided by the state’s Transit and Intercity Rail Capital Program.
"We are grateful for MTC's confidence in VTA's ability to deliver major transportation infrastructure projects," said VTA General Manager/CEO Carolyn Gonot in a press release. "It provides great momentum as we pursue the final segment of federal funding needed to bring BART through Silicon Valley."
The MTA award represents the last remaining funds needed to complete the local, regional and state contribution for the $12.2 billion project.
In 2018, the state Traffic Congestion Relief Program awarded VTA $750 million to fund the project. An additional $375 million was awarded to VTA following a state surplus, increasing state funding to $1.125 billion.
In addition, federal support in the form of a full funding grant agreement (a federal commitment to fund the project) for about $6 billion, or approximately 50% of the total cost of the project, is anticipated in late 2024.