The Central Subway Project is funded by the Federal Transit Administration (FTA), the State of California, the Metropolitan Transportation Commission, the San Francisco County Transportation Authority and the City and County of San Francisco.
The majority of funding for the Central Subway Project will be provided by the FTA’s New Starts program, with a total approved commitment of $942.2 million. An additional $41 million in federal funds is designated to the project as part of the U.S. Department of Transportation’s Congestion Mitigation and Air Quality Improvement Program, which supports environmental efforts for surface transportation and related projects. The federal funds allocated for the Central Subway Project cannot be redirected for investment in any other San Francisco projects.
The San Francisco Municipal Transportation Agency’s (SFMTA) baseline budget for the Central Subway Project remains at $1.578 billion. There has been no increase in the local funding commitment since original voter approval in 2003 of $126 million in Proposition B/K sales tax funds.
In total, about half of the funding for the entire Third Street Light Rail Transit Project is from federal sources, with the remaining half from state and local sources.
The table above shows the funds anticipated from federal, state and local sources for Phases 1 and 2 of the Third Street Light Rail Program. This table is also available in speech-enabled format.