November 21, 2024 Your Source for Brentwood News

Small Businesses to Receive Compensation for Purple Line Construction

Business Interruption Fund expanded to Westside

By Sam Catanzaro

Los Angeles County Metropolitan Transportation (Metro) has announced that they will provide compensation to Westside businesses to account for revenue lost during the construction of the Purple Line Extension.

“Transit rail construction can mean growth opportunities for small ‘mom and pop’ businesses located along transit corridors; however, transit construction also can be challenging for small businesses,” Metro said.

Last month, Metro announced the expansion of its Business Interruption Fund (BIF) for businesses that stand to be impacted by the third phase of the Purple Line Extension which will bring the light rail line to Westwood.

Already in place for Koreatown, Beverly Hills and Century City, business owners on the Westside can now apply for compensation from the $10,000,000 BIF fund. Each business can receive up to $50,000 or 60 percent of annual business revenue losses per business.

This financial assistance covers fixed operating expenses such as utilities, insurance, rent and payroll.

Factors included in the selection of recipients include the type of business and demonstration of lost revenue, but the most important factor is location. Businesses must be immediately adjacent to the transit rail corridor. 

“This refers to a business whose property line abuts or faces the rail corridor or a designated construction staging or construction storage area, including a business located in a mall or strip-mall that is similarly situated,” LA Metro said.

In addition, these funds are only available to operations with less than 25 employees and must be in continuous operation for at least two years along the corridor.

For more information, visit metro.net/projects/business-interruption-fund

Metro’s purple line Purple Line Extension, which will take the subway nine-miles further westward, is taking place in three phases. Construction of the second section between Beverly Hills and Century City started in 2017 and is expected to be complete in 2025. Phase three is estimated to cost $1.3 billion and will connect the subway from Century City to Westwood and the V.A. Hospital.

Related Posts

Tu Madre to Expand Into Brentwood with a New Location on San Vicente Boulevard

November 20, 2024

November 20, 2024

Taco Restaurant Bringing Its Mexican-Inspired Flavors and Cocktails Further West Tu Madre, the popular Los Angeles-based taco chain, is preparing...

Last Minute Additions to the Best Thanksgiving 2024 Feasts and Pies To Go

November 20, 2024

November 20, 2024

If Other Faves are Sold Out, Here’s All The Quality Places to Try Now Celebrity chefs Susan Feniger and Mary...

Everytable’s Holiday Meal Collaboration To Support LA’s Unhoused Youth

November 20, 2024

November 20, 2024

Chef Created Thanksgiving Meal Benefits My Friend’s Place. Everytable, the mission-driven company committed to making scratch-cooked, nutritious meals accessible to...

Los Angeles City Council Codifies Sanctuary Protections for Migrants with New Citywide Ordinance

November 19, 2024

November 19, 2024

Mayor Bass Prioritized the Ordinance after Trump’s Mass Deportation Threats The Los Angeles City Council voted unanimously Tuesday to officially...

Brentwood Choirs and Orchestra to Perform Winter Music Concert on November 21

November 19, 2024

November 19, 2024

Evening of Folk, Classical, and Holiday Music to Celebrate Students’ Talent The Brentwood School Choirs and Orchestra will take the...

Hammer Museum Presents 10th Edition of MoMA Contenders: Screenings, Conversations with Top Filmmakers

November 19, 2024

November 19, 2024

Lineup Features Films by Steve McQueen, Sean Baker, and Brady Corbett The Hammer Museum will host the 10th edition of...

Film Review: Wicked

November 19, 2024

November 19, 2024

By Dolores Quintana Director John Chu (Crazy Rich Asians, In The Heights) has crafted an effervescent take on the blockbuster...

West LA College Expands Zero-Cost Textbook Programs with $600K Grant

November 18, 2024

November 18, 2024

College Aims for 50 Zero-Cost Textbook Programs by 2025  West Los Angeles College (West) is expanding its zero-cost textbook program...

Nicole Nagel’s Futuristic Eric Moss Designed Brentwood Home To Hit Auction Block

November 18, 2024

November 18, 2024

The Spaceship-Like Property Heads to Auction With No Reserve in December German actress Nicole Nagel, who was part of the...

LA Controller Kenneth Meija: City Left $513 Million of Homelessness Budget Unspent

November 18, 2024

November 18, 2024

Inefficiencies Blamed for Underspending Despite Record Allocation in FY2024  The City of Los Angeles hasn’t spent over half of its...

(Video) At Vistamar School – Discover the way high school should be

November 18, 2024

November 18, 2024

Students achieve remarkable outcomes with our strong academics, small classes, and personalized approach. Our graduates don’t just attend college—they excel....

(Video) Celebrating 60 Years of Excellence in Education

November 18, 2024

November 18, 2024

Join our international community! Preschool through 12th grade, private school in West Los Angeles and Pacific Palisades, No French knowledge required...

Missing Person Alert: Authorities Seek Help to Find Michelle Lerner, 63, in Culver City

November 18, 2024

November 18, 2024

Woman Was Last Seen Near Prospect Avenue and Venice Boulevard  Authorities are asking for the public’s assistance in locating a...

Lodge Bread To Open New Beverly Hills Location on November 22

November 18, 2024

November 18, 2024

Popular Bakery Will Offer Its Signature Sourdoughs and Pastries  Lodge Bread, a highly regarded West Los Angeles bakery and café,...

Ex-VA Police Officer Sentenced for Civil Rights Violation in Baton Assault

November 17, 2024

November 17, 2024

Man Struck 45 Times With a Baton in Assault Captured on Video The former officer of the Veterans Affairs Police...