OAKLAND -- Gov. Arnold Schwarzenegger came to Oakland Friday to announce $394 million in funding for 106 transit projects across the state.

He said the projects will create 7,200 jobs and more than $256 million in wages and leverage a total investment of $1.9 billion.

Schwarzenegger said the transportation projects announced Friday "will create more jobs and help us deal with the economic slowdown and the subprime mortgage crisis."

Speaking at a news conference at the entrance to the Bay Area Rapid Transit District's Transbay Tube, Schwarzenegger said one of the projects to receive funding will be $24 million for BART for seismic retrofit and improvements of its system from the tube to the Berkeley Hills Tunnel.

He said these measures will allow service to be restored faster following an earthquake.

Other Bay Area projects that will receive funding are $12.1 million to the Santa Clara Valley Transportation Authority to make improvements in the Santa Clara Street-Alum Rock Avenue corridor, which will be used by two bus rapid transit lines and $15.6 million to Alameda-Contra Costa Transit District to replace more than 50 older buses.

Schwarzenegger said these are the first transit projects to be funded by Proposition 1B, which was a $19.9 billion transportation bond passed by California voters in 2006.