The Massachusetts Bay Transportation Authority (MBTA) Board of Directors recently voted to approve the Fiscal Year 2023-2027 MBTA Capital Improvement Plan (FY23-27 MBTA CIP).
The plan is a short-term, financially constrained investment program updated annually.
The FY23-27 MBTA CIP includes more than 500 capital projects to modernize, expand, and increase the reliability of the MBTA transit network. It includes an overview of the capital planning process, summaries of investment programs, and summaries of investments by mode.
The latest version of the plan aims to improve the reliability of the MBTA’s transit system and modernize existing assets to accommodate current or anticipated growth; and make targeted investments in the expansion of the transportation network to increase capacity or provide riders with more options across transit modes.
“With the goal of improving reliability, modernizing the system, expanding capacity and the network, and continuing to make critical safety improvements, the MBTA’s five-year CIP is an important document that guides our investment planning,” MBTA General Manager Steve Poftak said. “I thank the board for approving of our CIP, and I thank our riders and the public for participating in this public process and letting us know what kinds of capital investments they’d like to see the MBTA prioritize for investment.”