We posted last year about a Measure R project to add tolled HOV lanes to 13.5 miles of the 5 freeway in the Santa Clarita Valley between the 14 freeway and Parker Road. Vehicles with one or two occupants would pay a toll while vehicles with three or more occupants could use [continue reading]
The above graphic is certainly worth a look. It shows the amount of federal New Starts money received by Metro on an annual basis since 1993. New Starts is a federal program that helps local transit agencies pay for big, expensive projects and most of the money shown above went [continue reading]
Both parts of America Fast Forward initiative are in President Obama's proposal for four-year transportation bill!
Earlier today in Minnesota, President Obama announced his proposal for a four-year transportation spending bill that would include both parts of Metro’s America Fast Forward initiative. If Congress was to vote the bill into law — and that’s a big ‘if’ — that could be a boon to Metro and [continue reading]
Here’s our original post along with the Metro news release. And here’s the FTA’s news release. And the non-government view of things? Here’s the L.A. Times article.
From our friends at the Federal Transit Administration: LOS ANGELES – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today celebrated the signing of a $670 million construction grant agreement to help build the Regional Connector light rail transit line in the heart of downtown Los Angeles. The two-mile [continue reading]
Officials from Metro and the Federal Transit Administration signed a pair of agreements Thursday that will provide a $670-million federal grant and a $160-million federally-backed loan for the Regional Connector light rail project. The total budget of the project is $1.37 billion. A media event with public officials is being [continue reading]
And here is video of this morning’s groundbreaking for the Crenshaw/LAX Line. There are nice comments about mobility — and the need for more of it — from U.S. Transportation Secretary Anthony Foxx, U.S. Senator Barbara Boxer and Los Angeles Mayor Eric Garcetti. Metro would like to extend a special [continue reading]
The groundbreaking of the Crenshaw/LAX Line was held Tuesday morning adjacent to the Expo Line’s Crenshaw station. Video is coming later today and we posted to our Twitter and Instagram feeds during the event; see this post for social media coverage of the event. Here is Metro’s news release: Construction began [continue reading]
Measure R committee OKs recommendation to advance TIFIA loan financing for Regional Connector Project
The Measure R Independent Oversight Committee this morning approved Metro’s financing plan aimed at securing $160 million in federal Transportation Infrastructure Finance and Innovation (TIFIA) loans for the Regional Connector project. The committee, which is charged with reviewing the cost-effectiveness of financing Measure R projects, determined this type of federal [continue reading]
State of California proposes legislation to keep federal transit funds flowing to Metro and other agencies
Some good news: it appears that a temporary solution has emerged to prevent Metro from losing $3.6 billion in federal funds due to an ongoing dispute over pension reform between the state of California and the U.S. Department of Labor. The solution involves a state bill exempting transit agencies from [continue reading]