U.S. Transportation Department Secretary Ray LaHood has approved a $545.9 million Transportation Infrastructure Finance and Innovation Act loan that will enable the Los Angeles County Metropolitan Transportation Authority to advance construction of a new light rail transit line along the Crenshaw corridor.
The Crenshaw/LAX transit project is an 8.5-mile light rail line with at least six new transit stations, including one in Westchester, that is designed to enhance existing transit service throughout Los Angeles.
“With today’s loan approval, Angelenos are one step closer to getting the transportation system they want and deserve,” Los Angeles Mayor Antonio Villaraigosa said. “This flexible, low interest loan will help us build a vital link in our expanding public transit system.”
LaHood said, “President Obama called for an America built to last, and this loan program can help us achieve that. 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.”
The Crenshaw/LAX Line will connect existing rail service on the Metro Green Line with the recently opened Metro Exposition Line.
Metro officials hope the light rail lines will make it easier for low-income residents, seniors and other riders to reach downtown Los Angeles, the Westside and the South Bay.
The project also includes a new transit vehicle maintenance and storage facility.