For Immediate Release:
March 23, 2023
MBTA Invites Public Comment on the Proposed Capital Investment Plan for Fiscal Years 2024-2028
The Proposed Fiscal Years 2024-2028 MBTA Capital Investment Plan includes all planned capital investments over the next five years.
BOSTON – The MBTA released the proposed Fiscal Years 2024-2028 MBTA Capital Investment Plan (FY24-28 MBTA CIP) for public comment, marking the beginning of a 30-day public comment period.
The CIP is the five-year financial plan that funds all the MBTA’s capital projects. Capital projects are investments or activities related to acquiring, renewing, constructing, improving, or maintaining a capital asset, including project planning and design. The CIP is updated annually to ensure that we are continuing to:
- Advance key safety projects that are instrumental to reducing safety risks, increasing system reliability, lowering maintenance costs and improving system performance.
- Improve the reliability of the MBTA’s transit system and modernize existing assets to accommodate current or anticipated growth.
- Make targeted investments in the expansion of the transportation network to increase capacity or provide riders with more options across transit modes.
The proposed FY24-28 MBTA CIP includes 600 unique capital projects to modernize, expand, and increase the safety and reliability of the MBTA transit network.
The proposed CIP is now available on mbta.com/cip. The CIP document includes an overview of the Authority’s capital planning process, summaries of investment programs, and the full list of capital projects in the proposed five-year CIP.
The MBTA encourages members of the public to provide input on the proposed FY24-28 CIP before April 24, 2023.
The MBTA will host two virtual public meetings and one in-person public meeting to provide an overview of the proposed FY24-28 CIP and invite attendees to share their feedback:
Meeting registration links, presentation materials, and recordings will be made available on mbta.com/cip and mbta.com/events.
Members of the public who are unable to attend a public meeting are invited to provide comments by:
Public feedback is important to the CIP development process and we appreciate your input. All comments will be reviewed and considered by MBTA staff and summary responses will be shared after the release of the final CIP.
For more information, visit mbta.com/CIP or connect with the T on Twitter @MBTA, Facebook /TheMBTA, Instagram @theMBTA, or TikTok @thembta.