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U.S. Department of Transportation Approves $545.9 Million Loan to Advance Public Transit in Los Angeles

U.S. Transportation Secretary Ray LaHood has approved a $545.9 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan that will enable the Los Angeles County Metropolitan Transportation Authority (LACMTA) to advance construction of a new light rail transit line along the Crenshaw corridor that will enhance access to existing transit service throughout Los Angeles.

Read the full Press Release (October 1, 2012)