In its press release announcing the award, the authority said that the construction phase could generate as many as 16,000 jobs, which, in turn, would create up to $1 billion in labor income and up to $40 million in extra tax revenue.
The Foothill Gold Line was the first to be named a Measure M project, one that is a beneficiary of the 2016 voter-approved, half-cent regional sales tax. Measure M is expected to generate about $860 million a year for transit projects in Los Angeles County.