The Federal Transit Administration announced today that the San Jose-San Francisco corridor of Caltrain would be electrified as part of the grant agreement signed today. 

 ‚ÄúTransportation infrastructure is a critical need for the businesses and citizens of Silicon Valley, and because of that, our public policy team made Caltrain electrification a top priority issue when they were in Washington three weeks ago representing our members to Congress,‚Äù said Matt Mahood, President & CEO of The Silicon Valley Organization. ‚ÄúOur team, on behalf of our members, met with our area‚Äôs Congressional leaders, as well as California and national leadership on both sides of the aisle advocating for this funding. We are extraordinarily pleased with this decision, and wish to congratulate our federal officials on placing sound policy over politics and doing the right thing for Silicon Valley and California‚Äôs economy.‚Äù

The 47-mile corridor stretching along the Peninsula from San Francisco to San Jose, which is home to companies like Google, Facebook, Tesla, and Adobe is indispensable to the regional economy and a healthy workforce. The project would convert old worn down diesel rail cars to electric, bringing the railway corridor into the 21st century and employing 9,600 workers right here in the United States.

Today's news marks the approval of the $647 million needed in order to start the $1.9 billion project that will electrify the existing rail system and also purchase electric trains in order to cut commutes and raise passenger capacity.

READ ABOUT THIS IN:

More Posts

You Might Also Like

Press Releases
The Silicon Valley Organization Mourns Passing of Bob Kieve
The Silicon Valley Organization (The SVO) is saddened to have learned that Robert (Bob) Kieve, president of KRTY Radio and Empire Broadcasting, passed away on Sunday, May 24, 2020.
May 25, 2020
The Silicon Valley Organization
COVID 19 Resource Center
Restaurants Doing To-Go, Delivery & Curbside Pick-Up
We've put together a list of our SVO Members who are open for business and are ready to feed you!By supporting these restaurants, you are giving each a chance to survive this pandemic and re-open their doors in the coming months. Support them now, to have an opportunity to eat at their restaurants later.
May 22, 2020
The Silicon Valley Organization
COVID 19 Resource Center
Retailers & Restaurants Open for Pick-Up in Santana Row
Santana Row has some big news! You can now enjoy "The Pick-Up" on your next visit to Santana Row. Place your order with a Santana Row business that is open for pick-up, drive to the store or restaurant and park in the designated drive-up lane. Call to confirm your arrival. Your order will be delivered to your car. Learn more here!
May 20, 2020
The Silicon Valley Organization
COVID 19 Resource Center
For Retailers: Social Distancing Protocols, Re-Opening Guides & Examples
CA is now in PHASE TWO of re-opening the economy which includes retail. Come Friday, May 22 Santa Clara County will allow retail businesses to open for curbside pick-up. The Santa Clara County amended order will also allow manufacturing, logistics, and warehouses supporting retail to reopen subject to social distancing protocols and related requirements. Here are some protocols and guides for how retail can prepare to safely reopen.
May 18, 2020
The Silicon Valley Organization
In The Media
Opinion: Construction firms offer roadmap to safely reopen economy
Silicon Valley Organization CEO Matt Mahood is urging public health experts to look at other industries and to work with business owners to work collaboratively to solve for the social distancing and safety protocol questions.
May 8, 2020
Matthew Mahood
COVID 19 Resource Center
Financial Aid Options — Loans, Grants & Relief Funds
All the different Financial Aid options— Loans, Grants & Relief Funds are listed here.
May 4, 2020
The Silicon Valley Organization
Explore ALl Posts
Follow Us

We’re on Instagram