Boston MBTA's Board Approves FY25-29 Capital Investment Plan
The FY25-29 MBTA CIP includes over 640 unique capital projects to modernize, expand, and increase the safety and reliability of the MBTA transit network with a programmed spend of $9.6 billion over the next five fiscal years, including $843 million in new funding.

The CIP is the five-year financial plan that funds all the MBTA’s capital projects, which are investments or activities related to acquiring, renewing, constructing, improving, or maintaining capital assets, including project planning and design.
Photo: MBTA
Boston MBTA’s board unanimously approved the Fiscal Years 2025 to 2029 MBTA Capital Investment Plan (FY25-29 MBTA CIP).
The FY25-29 MBTA CIP includes over 640 unique capital projects to modernize, expand, and increase the safety and reliability of the MBTA transit network with a programmed spend of $9.6 billion over the next five fiscal years, including $843 million in new funding.
“As a framework that steers how the T makes critical investments in the system, the MBTA’s five-year CIP establishes a foundation for improving service today while also guiding how we build toward the future of the system,” said MBTA GM/CEO Phillip Eng. “The CIP continues to be vital in directing how we renew, improve, and maintain our capital assets. As a fiscally constrained plan, the CIP only includes projects for which we have available funding.”
MBTA’s FY25-29 CIP
Major investments as part of the FY25-29 CIP include full funding for the North Station Draw 1 Bridge Replacement project, which is critical for commuter rail service and handles the Haverhill, Lowell, Newburyport/Rockport, and Fitchburg Commuter Rail lines.
Additional investment highlights include a 20-minute decarbonized service along the Fairmount commuter rail line.
The CIP is the five-year financial plan that funds all the MBTA’s capital projects, which are investments or activities related to acquiring, renewing, constructing, improving, or maintaining capital assets, including project planning and design. The CIP is updated annually to ensure that the MBTA continues to:
Focus on the MBTA’s key investment objectives, including safety, reliability, modernization, accessibility, sustainability, resilience, and equity.
Address its most critical asset needs as the agency strives to bring the system to a State of Good Repair.
Prioritize projects that keep the agency on a path to better safety, service, and sustainability.
MBTA’s Planning
The MBTA’s mission, affirmed by the agency’s 2023 Strategic Plan, is to serve the public by providing safe, reliable, and accessible transportation.
Accordingly, the FY25-29 MBTA CIP includes over 640 unique capital projects to modernize, improve, and increase the safety and reliability of the MBTA transit network.
As part of the funding for the FY25-29 CIP, the Boston Metropolitan Planning Organization (MPO) is funding a total of $26.6 million in the CIP for six projects, including rail modernization early action items and improvements at Nubian Square station in Boston.
The MPO programs transportation investments using a mix of federal and state funding sources.
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