The $545.9 million loan for the $1.75 billion Crenshaw/LAX Line is now a done deal, one beneficiary of the enhanced TIFIA (Transportation Infrastructure Finance and Innovation Act) loan program approved by Congress this summer as part of the federal transportation reauthorization, MAP-21. The 8.5-mile light rail line and six stations will connect to the Green Line and the Expo Line.
Read the U.S. Department of Transportation press release here.
Read the U.S. Department of Transportation press release here.
Do you like this post?