BART Loses More Federal Funding for Oakland Airport Connector Project
Image: BARTAfter losing $70 million in stimulus funds last week because the agency failed to satisfy the Federal Transit Administration's (FTA) minority and equity standards for federal funding, BART lost another $25 million it was expecting from TIGER, money that was important for the agency to secure further federal loans to build the nearly $500 million OAC.
"Basically, it's just devastating," BART spokesperson Luna Salaver said about the OAC developments over the last week. "We had a triple-one project, a shovel ready project, and then it ran into this opposition that was using the Civil Rights Act make the region lose thousands of jobs."
To pay for the OAC project, BART had applied for a federal infrastructure (TIFIA) loan of $150 million, which required them to create a risk fund in case the agency later defaulted. BART anticipated using the $25 million TIGER grant for that risk fund, according to Salaver. The loss now has BART staff scrambling to find more money or risk losing the loan.
"We're looking at different funding sources, but that is not set in stone," said Salaver. "There have been too many years of planning to just give up now."
Opponents of the OAC had consistently warned BART through letters and in public testimony at board meetings over the last year that the agency was not in compliance with FTA standards, but BART staff remained convinced the project would get federal funds.










