The Massachusetts Department of Transportation (MassDOT) Board of Directors approved a $530 million funding transfer to the Massachusetts Bay Transportation Authority (MBTA) on July 22, drawing from the Commonwealth’s FY26 Fair Share Supplemental Budget to shore up the transit agency’s operating budget, fund infrastructure improvements and support a reduced-fare program for low-income riders.
The funding transfer includes $450 million for the MBTA Deficiency Fund Replenishment which funds MBTA’s operating budget shortfalls, $60 million for MBTA Physical Infrastructure Improvements, and $20 million for the MBTA Income-Eligible Reduced Fare Program, officials said.
“People across Massachusetts are seeing the difference in the MBTA as it becomes safer and more reliable every day,” Massachusetts Gov. Maura Healey said. “This funding builds on the progress we’ve made while making it easier and more affordable for people to get where they need to go. We are committed to giving the MBTA the resources it needs to deliver the high-quality transit that riders deserve.”…