MTA Approves Ambitious $68.4 Billion 2025-2029 Capital Plan

With significant upgrades to subways, buses, railroads, and more, the plan reflects New York's commitment to modern infrastructure and climate resilience.

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The Metropolitan Transportation Authority (MTA) has taken a significant step toward modernizing and expanding New York’s transit system with the approval of its 2025-2029 Capital Plan. With a unanimous 10-0 vote, the MTA board authorized a historic $68.4 billion investment to ensure New Yorkers access a more reliable, accessible, and sustainable transit network. The plan will be submitted to the MTA Capital Program Review Board (CPRB) by October 1 for final approval.

The plan sets the stage for targeted improvements across subways, buses, railroads, bridges, and tunnels over the next five years, addressing critical issues such as service reliability, customer experience, and climate resilience.

Key Goals and Initiatives

Frequent and Reliable Service:

The MTA's plan prioritizes service reliability, aiming to ensure the system meets the growing demands of the city:

  • Modern Signals: Installing signals on 75 miles of critical subway lines will enhance reliability, reduce delays, and increase train frequency.
  • New Railcars: The plan includes an order for 2,000 new railcars, which will help reduce delays, improve service reliability, and modernize the fleet.
  • Train Shops and Yards: Upgrading facilities to accommodate new railcars will accelerate repair times and improve maintenance efficiency, helping to keep trains running on time.

Customer Experience:

Improving the customer experience is central to the MTA’s vision for the future. The plan outlines several investments to ensure better accessibility and convenience for riders:

  • Accessibility Enhancements: At least 60 more subway stations will be made accessible, bringing system-wide accessibility to over 50% and making the network more inclusive for individuals with disabilities.
  • Station Repairs and Upgrades: The MTA will repair or rehabilitate over 150 subway stations and more than 25 railroad stations, revitalizing these key transit hubs.
  • Modern Fare Gates: New fare gate systems will be installed in over 150 subway stations, streamlining the entry process and improving fare collection efficiency.

Climate Action and Resilience

The Capital Plan demonstrates the MTA’s commitment to addressing climate change with substantial investments in sustainability and resilience:

  • Zero-Emissions Buses: The MTA plans to purchase 500 zero-emissions buses and build charging infrastructure, focusing on areas with high air pollution and asthma rates. This will significantly reduce greenhouse gas emissions and improve air quality in disadvantaged communities.
  • Flood Protection: With climate-related threats in mind, the MTA will improve stormwater flood protection at 20 of the most vulnerable stations and train yards, safeguarding critical infrastructure against severe weather events.
  • Sea-Level Rise Protection: Additionally, the MTA will protect 20 miles of the Hudson Line vulnerable to sea-level rise and stormwater runoff, ensuring the long-term reliability of this vital route.

Economic and Environmental Impact

This $68.4 billion investment will modernize the transit system and stimulate economic growth across New York City and the surrounding region. By ensuring reliable public transit, the MTA supports local businesses and enables millions of residents to access job opportunities efficiently.

Environmentally, the plan will significantly reduce vehicle miles driven, helping to mitigate climate change and reduce pollution. 

Diverse Funding Sources

To fund this ambitious plan, the MTA is drawing on a variety of sources, including:

  • Federal Funding: Federal programs, such as those offered by the Federal Transit Administration (FTA), will provide grants and loans to support key projects.
  • State and Local Contributions: New York State and New York City will contribute funding, reflecting their shared interest in maintaining and improving the transit system.
  • MTA Bonds: The MTA will issue bonds to raise capital, which will be repaid over time through multiple revenue streams.
  • Congestion Pricing Revenue: Funds generated by the congestion pricing program, which charges vehicles entering central Manhattan, will be directed towards critical transit improvements.
  • Farebox Revenue: A portion of the revenue collected from transit fares will also contribute to financing the Capital Plan.
  • Public-Private Partnerships (PPPs): Collaborations with private entities will supplement public funds, leveraging private investment to complete high-impact infrastructure projects.

Public-Private Partnerships: Unlocking Additional Resources

Several major projects within the Capital Plan will be funded through PPPs, which allow the MTA to tap into private sector expertise and resources:

  • Penn Station Redevelopment: Collaborating with private developers will transform Penn Station into a modern, world-class transportation hub. Improvements will focus on expanding the station, enhancing passenger flow, and upgrading amenities.
  • Hudson Yards Development: The Hudson Yards project, a large-scale redevelopment on Manhattan’s West Side, extends the seven subway lines and adds new public spaces. 
  • Zero-Emissions Bus Infrastructure: The MTA is partnering with private companies to develop the necessary charging infrastructure for its new fleet of zero-emissions buses, accelerating the transition to a cleaner, greener transportation system.

A Vision for the Future

The MTA’s 2025-2029 Capital Plan is more than just an infrastructure overhaul; it is a blueprint for the future of transportation in New York City. With a focus on reliability, accessibility, and sustainability, the plan will ensure that the city’s transit network remains a vital part of its economy and a key driver of environmental progress.

By investing in modern technology, upgrading aging infrastructure, and embracing climate resilience, the MTA is positioning itself to meet future challenges while delivering a better transit experience for millions of New Yorkers. 

Environment + Energy Leader