Transit Performance Initiative Investment Program FY 2025-26 Call for Projects | Metropolitan Transportation Commission
Archived: 2026-04-23 17:14
Transit Performance Initiative Investment Program FY 2025-26 Call for Projects | Metropolitan Transportation Commission
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Tuesday, January 20, 2026
Update
Transit Performance Initiative Investment Program FY 2025-26 Call for Projects
MTC’s Transit Performance Initiative (TPI) Investment program funds relatively low-cost and/or quick-to-implement capital improvements that improve operations on high-frequency bus corridors or at connections between high-frequency/high-ridership transit services.
The Call for Projects period is now closed.
The FY 2025-26 Transit Performance Initiative (TPI) Investment Program is a competitive capital grant program funded by an anticipated $8 to 9 million in state FY 2025-26 Low Carbon Transit Operations Program (LCTOP) population-based funds.
The total funding available is subject to change based on the November 2025 Cap & Trade auction results and official LCTOP funding amounts expected to be released by the State Controller's Office (SCO) in spring 2026. MTC may award less than the total amount available at its discretion after review of the eligible applications. Applications were due via on Friday January 16, 2026.
The sponsor and recipient of the state LCTOP funds must be a transit operator-eligible to receive State Transit Assistance (STA) funds. Cities or other roadway owners may be project partners and implement portions of the project.
If selected and approved by the Commission, project sponsors will be required to submit an allocation request as part of the Caltrans LCTOP FY 2025-26 funding cycle and serve as lead sponsor for the grant with Caltrans, with MTC as the contributing sponsor. The LCTOP Allocation Request requires a board-approved resolution of support. The sponsor will be required to comply with all applicable Caltrans and state requirements, including annual project reporting.
Staff Contact
Anne Meeple
Phone: (415) 778-6611
Email:
ameeple@bayareametro.gov
Program Timeline
Date
Milestone
November 5, 2025
Staff present draft guidelines and call for projects at Transit Finance Working Group meeting
November 21, 2025
Final guidelines and call for projects released
December 2025
Fourth quarter auction results and MTC LCTOP fund estimate
January 16, 2026
Transit Performance Initiative applications due by 5 p.m.
January-February 2026
Application review and questions to sponsors
February 2026
Anticipated - SCO releases eligibility list and official LCTOP funding amounts released
March 2026
Recommended award recipients notified
April 22, 2026
MTC Commission approval of Transit Performance Initiative awards and LCTOP programming
Mid to Late-April 2026
Anticipated: LCTOP Allocation Request due to Caltrans
December 2026
Anticipated: FY 2026 LCTOP award date and release of funds
Skip to main content
Tuesday, January 20, 2026
Update
Transit Performance Initiative Investment Program FY 2025-26 Call for Projects
MTC’s Transit Performance Initiative (TPI) Investment program funds relatively low-cost and/or quick-to-implement capital improvements that improve operations on high-frequency bus corridors or at connections between high-frequency/high-ridership transit services.
The Call for Projects period is now closed.
The FY 2025-26 Transit Performance Initiative (TPI) Investment Program is a competitive capital grant program funded by an anticipated $8 to 9 million in state FY 2025-26 Low Carbon Transit Operations Program (LCTOP) population-based funds.
The total funding available is subject to change based on the November 2025 Cap & Trade auction results and official LCTOP funding amounts expected to be released by the State Controller's Office (SCO) in spring 2026. MTC may award less than the total amount available at its discretion after review of the eligible applications. Applications were due via on Friday January 16, 2026.
The sponsor and recipient of the state LCTOP funds must be a transit operator-eligible to receive State Transit Assistance (STA) funds. Cities or other roadway owners may be project partners and implement portions of the project.
If selected and approved by the Commission, project sponsors will be required to submit an allocation request as part of the Caltrans LCTOP FY 2025-26 funding cycle and serve as lead sponsor for the grant with Caltrans, with MTC as the contributing sponsor. The LCTOP Allocation Request requires a board-approved resolution of support. The sponsor will be required to comply with all applicable Caltrans and state requirements, including annual project reporting.
Staff Contact
Anne Meeple
Phone: (415) 778-6611
Email:
ameeple@bayareametro.gov
Program Timeline
Date
Milestone
November 5, 2025
Staff present draft guidelines and call for projects at Transit Finance Working Group meeting
November 21, 2025
Final guidelines and call for projects released
December 2025
Fourth quarter auction results and MTC LCTOP fund estimate
January 16, 2026
Transit Performance Initiative applications due by 5 p.m.
January-February 2026
Application review and questions to sponsors
February 2026
Anticipated - SCO releases eligibility list and official LCTOP funding amounts released
March 2026
Recommended award recipients notified
April 22, 2026
MTC Commission approval of Transit Performance Initiative awards and LCTOP programming
Mid to Late-April 2026
Anticipated: LCTOP Allocation Request due to Caltrans
December 2026
Anticipated: FY 2026 LCTOP award date and release of funds