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The Foothill Gold Line project was awarded an additional $300 million from the California State Transportation Agency’s Transit and Intercity Rail Capital Program. The grant fulfills a gap in the funding and brings the project to fully funded with $1.5 billion.

“The six-station Foothill Gold Line light rail project from Glendora to Montclair has an estimated total project cost of $1.5 billion,” Lisa Levy Buch of the Foothill Gold Line. “The $300 million from the State of California will fill the estimated gap in funding that is currently expected; and allows the project to hopefully be fully funded. I use the word “hopefully;” because, the actual cost for the project will be determined once the design-build team is selected and their bid is accepted. The majority of the project cost is associated with the design-build contract.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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