full funding grant agreement

Purple Line Extension secures $1.25-billion federal New Starts grant and $856-million federally-backed loan

Officials from Metro and the Federal Transit Administration signed a pair of agreements this morning in Washington D.C. for a $1.25-billion federal grant and a $856-million federally-backed loan to build the first phase of the Purple Line Extension subway under Wilshire Boulevard. We’ll post video of this morning’s event later. The agreements clear [continue reading]

Federal government shutdown update

Here’s the update from Metro government relations staff from late Friday — doesn’t appear much has changed over the weekend: While the U.S. Senate has moved to adopt a continuing resolution to keep the federal government operating at a level consistent with sequestration levels ($986 billion), it remains unclear what [continue reading]