New York Gov. Andrew Cuomo outlined the state’s FY 2021 executive budget, which includes a $275 billion infrastructure program.
“Starting with an initial $100 billion investment, and followed up in the FY 2020 Budget with a second $150 billion investment, this budget begins the support for expanding the total investment by $25 billion to $275 billion with new investments in transit, roads and bridges,” Gov. Cuomo’s office said in a news release.
The governor’s office said the second phase, newly expanded $175 billion infrastructure plan builds on the governor’s initial $100 billion plan and includes $87 billion dedicated to transportation infrastructure – including mass transit, railroads, airports, highways, bridges and tunnels across the state.
The program would also cover improvements for environmental facilities and parks, and the development of green energy; economic and community development; affordable housing; building new schools; and state healthcare facilities.
The governor said in his speech detailing the state budget that funding would include a $12 billion, two-year New York State DOT Capital Plan – including $5.8 billion for roads and bridges – and a $52 billion Capital Plan for the Metropolitan Transportation Authority (MTA).
The $275 billion infrastructure program will also continue to fund $6 billion for the Long Island Rail Road Second Track, Third Track, and 39 modernized stations; new LaGuardia and JFK Airports; the East Side Access project; the Javits Center expansion; four new Bronx Metro-North stations in transit deserts; the Empire State Trail; modernization of the New York State Fair; and the $1 billion New NY Broadband program.