The Inglewood Transit Connector (ITC) P3 project has reached another milestone by receiving a key positive Federal Transit Administration (FTA) rating.
The rating paves the way for the project to receive funds from the FTA’s Capital Investment Grants (CIG) Program, which Inglewood says “moves it a step closer to receiving full funding and a groundbreaking.”
According to the statement, the funding will now cover over 60% of the project costs.
Three teams have received a request for proposals (RFP) for the project, with bids expected to be due this fall. According to an indicative timeline, a winner is expected to be appointed in Q2 next year.
Under the plans, the winning team will deliver a 1.6-mile elevated electric transit system which will connect the LA Metro K-Line to key sports venues.
“We have many more hurdles to cross on this Project, but today is a day to be grateful,” said Eloy Morales, Councilmember for District 3. “What we are doing is nothing less than taking a big, bold idea from vision to reality. It’s a complex process, but its purpose is simple – the ITC will benefit our residents, business owners and everyone who comes to Inglewood.”