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Commission Selects Five Interchanges as Top Priority Economic Stimulus Projects
The State of California is projected to receive $2.6 billion for highway projects under the American Recovery and Reinvestment Act (ARRA). The Commission, as the Regional Transportation Planning Agency for Riverside County, is estimating its proportionate share of the ARRA funding to be $71 million. In partnership with staff from the cities, the county and the Coachella Valley Association of Governments, the Commission approved ARRA funding for the following interchanges:
- I-215/Clinton Keith Road
- I-10/Palm Drive
- SR-60/Valley Way
- SR-91/Van Buren Boulevard
- I-10/Bob Hope Drive
Not only will the interchange projects create jobs, they will provide a foundation for economic growth and will further the Commission’s investment in the county’s transportation system.
In addition to the $71 million, the Commission will distribute $18 million of Measure A funds to the cities and the county for projects within each of the jurisdictions. The addition of Measure A funds will further stimulate the economy by providing agencies a local stimulus program that will enable agencies to deliver projects quickly and easily. A condition of the local funding is that it must be spent (or construction contracts awarded) within one year. |