Urban Fold

San Francisco Finds Way to Fund Central Subway

Things looked grim for the Central Subway project last week, as SF officials were facing an impending deadline to come up with $137 million to match federal funds. This week, Mayor Newsom and MTC seem to have found a way.

Michael Cabanatuan reports that the funds will be made up of "$106 million in state bond money along with about $31 million in savings on Muni projects already completed."

"Randy Rentschler, a spokesman for the Metropolitan Transportation Commission, said the bond money was already set aside for Muni but had not yet been dedicated to a specific project."

Full Story: S.F. solves funding quandary for Central Subway

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