The California State Transportation Agency (CalSTA) has awarded a total of $390m in grants to 14 recipients for the transit and intercity capital programme (TIRCP).
To be supported by California's Cap and Trade auction proceeds in fiscal year 2016-17 and 2017-18, the grant aims to help create a public transportation system, which reduces greenhouse gas emissions.
The TIRCP also aims to expand and improve rail services to increase ridership and boost safety. It also intends to integrate California’s various rail services, which includes the high-speed rail system.
California's state transportation agency secretary Brian Kelly said: “Today we invest in California’s future, with improved bus services in Fresno, BART to San Jose in the Bay Area, expanded ACE service to better connect the Northern San Joaquin Valley with Silicon Valley, new streetcar systems in Sacramento and Santa Ana, electrified transit services in the Bay Area and Southern California, vital improvements to LA Metro’s Green, Purple and Red lines, expanded rail services between Southern California cities and the Central Coast, and a new rail service connecting a major university with downtown San Bernardino.
“California’s transportation future is about providing good, clean travel options while expanding access to mobility and economic opportunity for all.
“This Cap and Trade programme delivers today and promises to deliver much more in the future.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataFor this year’s consideration, CalSTA received 41 applications for funding from around the state. Of these, 14 projects worth over $3.8bn have been selected to reduce more than 4.1 million tonnes of CO² across the state.
CalSTA plans to take up a five-year programme of projects by 1 July, 2018.