"This emergency loan is a critical band-aid. It holds off disastrous transit cuts until long-term, significant funding can come through from the Connect Bay Area measure,"
"We spent much of the past year negotiating this loan with regional stakeholders and the Governor, and I'm immensely proud that we got it over the finish line."
"This is a great first step along the path toward fully funding our regional transit system and averting a traffic catastrophe,"
"Transit riders and our allies put in the work and made this happen, and we are all going to need to work even harder to collect the 200,000 signatures from voters needed to get the long-term funding solution on the ballot this November,"
Governor Newsom signed legislation extending a $590 million bridge loan to BART, Muni, AC Transit, and Caltrain to avert service cuts that would have started this summer. The loan maintains transit operations while efforts move toward a November ballot measure seeking long-term funding through Connect Bay Area. Senators Scott Wiener and Jesse Arreguin championed the emergency loan. Transit advocates called the loan a necessary short-term solution but said much more funding is needed to protect systems. Organizers must collect 200,000 signatures to place the long-term funding measure on the ballot, and outreach efforts are ongoing.
Read at Streetsblog
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