Gov. Kathy Hochul indicated that the MTA's proposed $68 billion capital plan faces uncertainty over funding, suggesting potential reductions are on the table.
Hochul mentioned, 'First of all, there's not been a final number associated with the MTA capital plan... there is still a process to know what the final numbers are.'
The MTA has only secured about half the money needed for its five-year plan, and with a $16.5 billion shortfall due to congestion pricing pauses, it's nearly $50 billion short of its goal.
Hochul spoke to aspiring MTA contractors about job opportunities from the capital plan, particularly benefiting minority-and-women-owned business enterprises (MWBEs).
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