The US Department of Transportation's blog has a post about the TIFIA loan for the Crenshaw line.
DOT's TIFIA and Los Angeles’ Crenshaw Light Rail Line, working together to create jobs, improve transit options
Image courtesy of the U.S. Department of Transportation.
"At DOT, we’re committed to investing in transportation projects that give hard-working Americans safe, reliable, and affordable options for getting to work, school, and everywhere else they need to go. One such project is the Crenshaw Light Rail Line in Los Angeles, California, which I had the opportunity to tour with Los Angeles Mayor Antonio Villaraigosa yesterday.
Earlier this month, DOT was proud to provide the Los Angeles County Metropolitan Transportation Authority with a $545.9 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to help build this new light rail transit line along the Crenshaw corridor. The MTA expects this DOT TIFIA loan to help generate a total of $1.75 billion in investment in this key project..."
http://fastlane.dot.gov/2012/10/dots...sit-optio.html