The Metro Board of Directors Thursday January 23, approved a package of initiatives to help businesses that face economic losses due to construction of the Crenshaw/LAX rail line.
Los Angeles County Supervisor Mark Ridley-Thomas, Metro board member Jacquelyn DuPont Walker and Mayor Eric Garcetti introduced the motion to help businesses offset any challenges from rail construction such as street closures and loss of street parking.
The key component of the assistance plan, initially proposed by Ridley-Thomas last July, will be a business solution center to advise businesses in financial planning, grant applications, operations and navigating regulations.
“I salute director DuPont-Walker for her innovation and Mayor Garcetti for his attentiveness to the community,” Ridley-Thomas said.
“The Crenshaw/LAX line needs to be win-win for everyone in the community. The long-term economic gains of the rail line can’t come at the cost of an immediate threat to our local businesses. These businesses are the backbone of our community, the very community the rail line will serve.”