L.A. Gets $546 Million Federal Loan for Rail Project

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Los Angeles’s pursuit of an expanded mass-transit system is advancing as the U.S. Transportation Department today approved a $546 million loan to build an additional light-rail line.

The loan comes from two federal programs aimed at speeding infrastructure construction and will let work on the so-called Crenshaw/LAX line begin in early 2011.

&#8226CLICK HERE to read the Bloomberg News story.

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