SPUR Encourages San Francisco to Issue Funds for Downtown Rail Extension Project

Policy Letter

SPUR encourages the Board of Supervisors to issue $30 million in Transbay Transit Center Community Facilities District (CFD) bonds to advance the Downtown Rail Extension (DTX) Project. The potential to receive federal funding for this project may never be as favorable as it is today. This Transbay Transit Center Community Facilities District (CFD) Series 2021 bond issuance process will provide the necessary committed funding that FTA requires for the DTX to enter the federal New Starts pipeline.