New York Governor Andrew Cuomo outlined a $275 billion infrastructure plan for the state as part of his Fiscal Year 2021 Budget address, News 10 reports.
According to the article, the plan adds $175 billion to a previously announced $100 billion, adding a total investment of $275 billion. Cuomo called this investment the “largest infrastructure program in the state’s history and the largest in the nation.”
According to News 10, the budget includes funding for:
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$11.9 billion for a two-year DOT Capital Plan, including $5.8 billion for Upstate roads and bridges
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A five-year $52 billion capital plan for the MTA
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$100 million for round 2 of Upstate Airport and Economic Development Initiative
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$300 million to re imagine the Erie Canal
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A $20 billion five-year investment in affordable housing, supportive housing and related services
According to the report, Cuomo says the infrastructure projects will support the creation of 450,000 jobs.
Source: News 10
