Foothill Gold Line Update: State Fully Funds Project's Estimated Funding Gap

Fri, April 27, 2018 11:46 AM | Deleted user

We learned this afternoon that the California State Transportation Agency (CalSTA) has funded Metro’s request for just under $300 million to complete the Foothill Gold Line from Glendora to Montclair from the Transit and Intercity Rail Capital Program. That amount fills the estimated funding gap for the project, based on the Construction Authority’s latest project estimates. We will know the final amount for the project when we receive bids later this year.

The Foothill Gold Line project was one of several major projects in Los Angeles County to receive the full requested grant award, resulting in a combined total of $1.09 billion for Los Angeles County (and more than $4.3 billion statewide).

Below is a Los Angeles Times article that just came out on the State’s announcement, and here is a link to the CalSTA award announcement.

The Journey Continues,

Habib F. Balian

San Gabriel Valley Economic Partnership

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