The MTA proposed a $68.4 billion Capital Plan for 2025-2029 to upgrade New York's transit infrastructure.
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Over 90% of the investment will fund rebuilding and modernization efforts.
$10.9 billion is allocated for purchasing over 2,000 new subway cars and commuter rail coaches.
$9 billion will go toward repairing ageing tunnels, bridges, and elevated structures.
$7.8 billion is set aside for critical station repairs and improvements.
The plan includes $5.4 billion to modernize outdated signal systems on key subway lines.
$7 billion will be invested in accessibility, adding elevators and ramps at 60 more subway stations.
The plan faces a $33 billion funding gap and relies on government support to be fully realized.
The MTA will purchase 500 zero-emission buses and build the necessary charging infrastructure.