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INDIANAPOLIS — IndyGo on Tuesday announced it has received $80.975 million for the construction of the Purple Line Bus Rapid Transit, which will connect Indianapolis to Lawrence.

The funding comes from the U.S. Department of Transportation’s Federal Transit Administration Small Starts Capital Investment Grant.

The money represents half of the $162 million total cost of the Purple Line Project.

IndyGo said the rest of the project costs are being covered by a combination of funding from the approved transit income tax, the City of Indianapolis Department of Public Works, and other FTA and Federal Highway Administration sources.

IndyGo said nearly half of the project’s budget will fund “significant infrastructure improvements” along the 38th Street corridor, including new traffic signals, sidewalks, and new or upgraded curb ramps.

IndyGo plans to conduct public meetings in Jan. 2022 to discuss construction schedules for the Purple Line. Construction could begin as early as Feb. 2022, with the route set to open for service in 2024.

For more information, visit the Purple Line website.