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$629M loan finalized for 405 Fwy widening project in Orange County

Thursday, July 27, 2017
ORANGE COUNTY (KABC) -- A project to widen the 405 Freeway in Orange County will soon begin.

Orange County Transportation Authorities finalized a $629 million loan. Construction between State Route 73 in Costa Mesa and the 605 Freeway in Long Beach is expected to start early next year.
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The loan will help the agency save $300 million, according to the OCTA.

Officials will allow express lanes to be free for carpoolers for the first three and a half years because of the money saved.
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