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MTA Board Approves 2025-2029 Capital Plan

Construction & Development
Updated Sep 25, 2024 3:00 p.m.
MTA Board unanimously voting approval of 2025-2029 Capital Plan

$68.4 Billion Plan is the Largest Capital Investment in State of Good Repair in MTA History, With More Than 90% Dedicated to Rebuilding and Improving the System


View 2025-2029 Capital Plan


View Video of Board Meeting Presentation on Capital Plan


View Photo of Board Approval


View Maps of Planned Investments in New York City & Throughout the Region


View Introductory Video to Capital Plan, 'The Future Rides With Us'


The Metropolitan Transportation Authority (MTA) today approved, by a vote of 10-0, the Authority’s proposed 2025-2029 Capital Plan, outlining a $68.4 billion investment in the region’s subways, buses, railroads, bridges, and tunnels over the next five years to ensure New Yorkers continue to have access to reliable, accessible, and sustainable transit. The board-approved Capital Plan will be submitted to the MTA Capital Program Review Board (CPRB) by October 1, who will then review and approve the plan.

The proposed plan includes targeted investments to rebuild, improve, and expand the MTA system. The plan will enable the MTA to continue to provide frequent and reliable service by putting the system on a path to state of good repair, including investments in railcars, power, and signals. The plan will also improve the customer experience, with investments in accessibility, stations, and modern fare gates, and take action on climate change, including resilience and sustainability initiatives.

The 2025-2029 Capital Plan assumes a fully funded 2020-2024 Capital Plan and looks ahead to the next slate of vital improvement projects, informed by the most detailed system-wide evaluation the MTA has ever undertaken, the Twenty-Year Needs Assessment.

The MTA will continue to inform and engage New Yorkers on the Capital Plan.