MTA unveils $68.4 billion capital plan to modernize NYC transit but funding questions amid congestion pricing pause remain | amNewYork
Briefly

The MTA's $68.4 billion capital plan for 2025-2029 includes new railcars, station constructions, and vital infrastructure repairs, contingent on securing necessary funding.
The halt of congestion pricing has created a $15 billion funding gap for the MTA, putting the capital plan's future at risk amidst uncertain financial solutions.
MTA Chair Janno Lieber emphasized the need for a coherent funding strategy, as the proposed $10 billion in bonds and potential federal assistance are insufficient without concrete commitments.
The urgency of the MTA's situation highlights the critical relationship between regional policy decisions and infrastructure funding, as alternatives for lost income remain unformulated.
Read at www.amny.com
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