President Obama today signed into law the new Transportation and Urban Development Appropriations bill, which, among other things, will send quite a bit of money to Metrolink. A lot of that is heading to safety, with $400,000 for grade crossing safety along the Ventura County Line, $750,000 for grade crossings between Simi Valley and Moorpark, and $487,000 for positive train control. All fairly small grants.
And then LAist tosses out this little gem: "$5 million in New Starts funding for the Perris Valley Line".
PV Line construction is expected to begin in 2011, with service starting 2012. Maybe a little federal money will speed the process up a bit.