Tuesday, December 6, 2022
HomeEconomyU.S. extends $75 million loan to California county to expand high-occupancy driveway

U.S. extends $75 million loan to California county to expand high-occupancy driveway

WASHINGTON (Reuters) – The U.S. Department of Transportation on Wednesday issued a million-dollar low-interest loan to a California county to build a high-occupancy vehicle (HOV) loan. ) lane extended by 7.5 miles.

The Santa Barbara County Local Transportation Agency will use the loan to expand busy U.S. lanes 101. The county’s 456 million-dollar freeway project, which also includes re-construction of overpasses and other improvements, is expected to be completed by 456. Southern California is one of the most congested highways in the United States.

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