Massachusetts Bay Transportation Authority approves capital investment plan

The Massachusetts Bay Transportation Authority (MBTA) board of directors recently approved the Fiscal Years 2025-2029 MBTA Capital Investment Plan (CIP).

A CIP is the five-year financial plan that funds the agency’s capital projects. It is updated annually to ensure that the agency continues to prioritize projects that keep it on a path to better safety, service, and sustainability; addresses its most critical asset needs; and focuses on key investment objectives.

The approved CIP includes more than 640 unique capital projects to modernize, expand, and increase the safety and reliability of the MBTA transit network. Over the next five fiscal years, the agency will spend $9.6 billion. This includes $843 million in new funding.

“As a framework that steers how the T makes critical investments in the system, the MBTA’s five-year CIP establishes a foundation for improving service today while also guiding how we build toward the future of the system,” Phillip Eng MBTA general manager and CEO, said. “The CIP continues to be vital in directing how we renew, improve, and maintain our capital assets. As a fiscally constrained plan, the CIP only includes projects for which we have available funding.”

The Boston Metropolitan Planning Organization will provide $26.6 million for six CIP projects.

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