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California  + Los Angeles  + Finance  | 

LA Secures Nearly $900M of Infrastructure Funding Ahead of 2028 Olympics

The Los Angeles region has secured nearly $900 million in funding to strengthen critical infrastructure, expand the Metro Rail system and reconnect communities ahead of the 2028 Olympic and Paralympic Games through a spending package signed into law by President Biden over the weekend and new grant funding from the Biden-Harris Administration.

LA Metro will receive $709.9 million from the Bipartisan Infrastructure Law and the Fiscal Year 2024 transportation spending law, which will go toward the East San Fernando Valley Light Rail Transit Project and sections two and three of the D Line (Purple) Subway Extension Project. The Los Angeles region will also receive $160 million in new federal grant funding for street and transit infrastructure, traffic safety and to improve connections between neighborhoods.

“During our international delegation to Paris to prepare for the 2028 Olympics and Paralympics Games, the message was clear: there’s no time to waste in strengthening our local infrastructure and transportation system to be ready to welcome the world for the Games,” said Mayor Karen Bass.

This funding announcement comes just days after Bass led an international delegation to Paris to generate business development and learn from housing, green transportation and infrastructure projects to prepare Los Angeles ahead of the 2028 Olympic and Paralympic Games.

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Mayor Bass' office

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
  • ◦Policy/Gov't
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