TIFIA
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TIFIA
Overview
On October 29, 2024, the United States Department of Transportation and the San Francisco Bay Area Rapid Transit District (BART) executed a Transportation Infrastructure Finance and Innovation Act (TIFIA) Loan Agreement for up to $544,642,843 to finance BART’s Rail Car Replacement Project. Since execution of the TIFIA Loan Agreement, BART has received two disbursements totaling $544,642,843: 1) January 2, 2025 in the amount of $150,000,000 and 2) November 3, 2025 in the amount of $394,642,843.