Crenshaw/LAX Transit Corridor:

The Crenshaw/LAX Transit Corridor project anticipates receiving an award from USDOT of $20 million in TIFIA loan assistance under the TIGER II program. This award would allow Metro to apply for a low interest loan from the Federal Government as an interim financing mechanism for the project. The FTA grant award indicates that the $20 million award could bring up to $546 million in a federal loan to advance some of the project funding and ensure a steady stream of cash for the project minimizing the risk for project delays due to funding availability. The light rail line runs along Crenshaw Blvd. and the Harbor Subdivision right-of-way from Exposition Blvd. to the Metro Green Line.