http://www.latimes.com/local/lanow/la-me-ln-purple-line-extension-20140520-story.html
By Veronica Rocha, May 20, 2014
The Los Angeles Metro Purple Line extension project, which will expand
the heavy rail line, will receive $2.1 billion in federal funding,
officials said Tuesday.
Mayor Eric Garcetti and Sens. Dianne
Feintsein and Barbara Boxer on Wednesday plan to announce a
$1.25-million federal grant package for the first phase of the nine-mile
subway extension.
Funding will also come from a $856-million loan from the Transportation Infrastructure Finance and Innovation Act program.
The
transit project plans to add seven stops between the Wilshire/Western
and Westwood/Veterans Administration Hospital stations.
The Purple Line will allow passengers traveling from downtown Los
Angeles to visit the Miracle Mile, Beverly Hills, Century City and
Westwood.