California Lending $590 Million to Keep Bay Area Transit Running
A passenger enters a train at the Berryessa Bay Area Rapid Transit station in Fremont, California.
Photographer: David Paul Morris/BloombergCalifornia Governor Gavin Newsom signed legislation authorizing the state to lend $590 million to keep major public-transit operators around San Francisco running as post-pandemic travel patterns continue to strain their finances.
The funds, which officials called an “emergency loan,” are aimed at agencies such as Bay Area Rapid Transit that are still recovering from fare revenue lost to remote work and weaker ridership roughly six years after the Covid outbreak.