- The Transbay Joint Powers Authority (TJPA), along with key public officials, celebrated a $3.4 billion federal funding commitment to The Portal, a project to extend Caltrain’s rail system to the Salesforce Transit Center in downtown San Francisco. - This funding, combined with $500 million from the Biden-Harris Administration's FY2025 Budget Proposal, covers two-thirds of the project's total cost, aiming to connect 11 transit systems in the Bay Area and bring the California High-Speed Rail system to its northern terminus. - Leaders such as Speaker Emerita Nancy Pelosi and California Senator Scott Wiener highlighted the project’s benefits for commuters, local businesses, and environmental sustainability, deeming it a significant step towards a multimodal transportation network. - The project will not only enhance regional connectivity but also provide substantial job opportunities, with local tradespeople set to build key infrastructure, thus supporting long-term economic growth.
According to the 2020 US census, the population of San Francisco, CA was 874,784.
The average property price in San Francisco, CA is $1,256,316.
The property prices in San Francisco, CA are currently on an increasing trend.
The average rent value in San Francisco, CA is $3,403.
The average household income in San Francisco, CA is $178,742.