An historic investment in the New York Region
The 2020-2024 Capital Program, approved in January 2020, invests $54.8 billion into the region’s subways, buses, railroads and the authority’s nine vehicular bridges and tunnels over the next five years to institutionalize and build on the progress of Governor Cuomo's Subway Action Plan and create a faster, more accessible, and more reliable public transportation system.
This historic plan – which represents by far the largest investment in MTA history – includes more than $40 billion in New York City Transit’s subways and buses including crucial signal upgrades on six line segments and expanding accessibility in the subway and Staten Island Railway systems.
The 2020-24 Capital Plan’s biggest priorities are to:
- Upgrade stations and improving accessibility
- Invest in new buses and train cars
- Modernize signals on the busiest subway lines and commuter rail lines
- Build the region’s megaprojects
- Keep bridges & tunnels in good working condition
- Keep the MTA’s other infrastructure in good working condition
The plan also describes key organizational changes to transform the MTA into a more efficient, flexible agency.
The product of extensive public engagement
The plan is the product of the extensive discussions with local elected officials, community members, advocacy and business group representatives about the region’s transit priorities. NYCT’s Fast Forward plan, Metro-North's Way Ahead plan, and LIRR’s Forward plan—all released in 2018—were steps in extensive public engagement processes, and provided the material basis for the five-year capital plan released in 2019 and adopted in 2020.
Learn more about the 2020-2024 Capital Program
The 2020-2024 Capital Program presents each MTA agency’s investment priorities, major planned projects, and target areas for service improvements over the next five years.