Among the 14 award recipients were AVTA, Metro, and Metrolink. Here is a brief overview of just those three awards:
Awarded $24.4 million with nearly $15 million in matching funds for a total of nearly $40 million.
2.) Los Angeles County Metropolitan Transportation Authority (METRO)
Awarded $38.5 million with over $108 million in matching funds for a total of nearly $147 million.
The goal is to reduce GHG emissions and prepare for increased ridership on Metro’s oldest and most heavily used light rail line and one of the busiest in the nation, the Blue Line, by improving the Blue Line stations and supporting infrastructure. This will result in greater reliability and increased frequency to a major transfer station. This will help prepare the Blue Line for future increased demand to Downtown Los Angeles’ Union Station (Metrolink, Amtrak, and future High Speed Rail connections), Expo, and Gold Line stations once the Regional Interconnector project is complete. The funds will also be used to revitalize and significantly improve the Willowbrook/Rosa Parks Blue Line Station which links to the Green Line/LAX Airport.
Awarded $41.2 million with nearly $17 million in matching funds for a total of over $58 million
Those invested near BYD, good job. Those invested near high-speed rail stations, good job. Those of you who haven’t invested yet…what are you waiting for? Don’t wait until the proverbial train has left the station to get serious about investing. If you’re a procrastinator and love waiting to the last minute, then pat yourself on the back because this is truly the VERY LAST MINUTE TO GET IN. Carefully investing over the next few months could set you up for life. Learn right NOW how you can benefit by getting a piece of the Public Transportation BOOM pie!