USDOT Funds Los Angeles Transit Corridor Project

USDOT Funds Los Angeles Transit Corridor Project
October 5, 2012 2:02 pm

The US Department of Transportation (USDOT) has approved a $545.9m loan to the Los Angeles County Metropolitan Transportation Authority (LACMTA) for the $1.75bn Crenshaw/LAX transit corridor project in Los Angeles, US.

The Transportation Infrastructure Finance and Innovation Act (TIFIA) loan will be used for the construction of the new 8.5-mile Crenshaw Corridor light rail transit line, which is intended to improve mobility in the corridor by connecting the existing Metro Exposition Line to the Green Line near Los Angeles International Airport (LAX).
US Transportation Secretary Ray LaHood said: “This important investment in the future Metro Crenshaw Line will create jobs in Los Angeles, building a major transportation project that will help the regional economy continue to grow and prosper.”
Scheduled to be opened in late 2018, the new light rail line will serve six new stations running through the cities of Los Angeles, Inglewood, Hawthorne and El Segundo.
The project also involves additional parking and a new transit vehicle maintenance and storage facility.
Most of the funding for the project will come from a half-cent sales tax approved by Los Angeles County voters in 2008. is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

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