The California High-Speed Rail Authority (CHSRA) has reached an agreement with more than a half-dozen San Francisco Bay area public agencies to fully fund the electrification and modernization of Caltrain’s commuter-rail system.
The parties are taking advantage of local, regional and federal funding to leverage hundreds of millions of dollars in high-speed matching funds that can be invested in the Caltrain corridor, according to a Caltrain press release. As a result, Caltrain’s system could be electrified by 2020 — a decade sooner than estimates included in CHSRA’s latest business plan.
