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Healey unveils $3.1 billion capital plan with sharp increase in housing funding and a new MBTA Communities Catalyst Fund
Summary
Governor Maura Healey on Thursday unveiled the fiscal 2025–2029 Massachusetts Capital Investment Plan, a five‑year, $3.1 billion proposal that increases housing capital roughly 30%, seeds a $15 million MBTA Communities Catalyst Fund for compliant municipalities, and expands investments in infrastructure, public housing preservation, and climate resilience.
Governor Maura Healey announced the Massachusetts Capital Investment Plan for fiscal 2025–2029 at Arlington Town Hall, calling it a multiyear framework to fund housing, transportation, climate resiliency and local infrastructure.
“We're here to announce Massachusetts Capital Investment Plan for fiscal year 25 through 29, which sets out historic investments for people in our communities,” Healey said, framing the plan as a resource enabled by strong fiscal management and a favorable bond rating.
The plan totals just over $3,100,000,000, the administration said. Secretary Matt Gorgowitz of the Executive Office for Administration and Finance described the package as a balanced five‑year program that grows available capital by $212,000,000 over typical yearly increases and directs the largest share of new resources to housing, economic development, climate and preservation of state assets.
A major focus of the announcement was housing. The administration said capital…
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