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Q&A
Capital plan inclusions for Interborough Express (IBX) and Second Avenue Subway
0:55:41
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Council Member Brooks-Powers inquires about the inclusions in the capital plan for the Interborough Express (IBX) and Second Avenue Subway projects. John McCarthy from the MTA provides details on the funding allocations for these projects.
- The 2025-2029 program includes $2.7 billion dedicated to the Interborough Express (IBX)
- Funding for the Second Avenue Subway is allocated in prior capital programs (2015-2019 and 2020-2024)
- The IBX project is highlighted as a significant benefit for Brooklyn-Queens connection
- Funding for large projects like Second Avenue Subway is often allocated across multiple capital programs due to the lengthy planning and approval processes
Selvena N. Brooks-Powers
0:55:41
What can we expect the capital plan to include with respect to both the IBX and the Second Avenue Subway?
Demetrius Crichlow
0:55:53
Clint, do you want
John McCarthy
0:55:54
Yeah.
0:55:54
Sure.
0:55:55
So in the twenty five to twenty nine program, there is I believe it's 2,700,000,000 dedicated to the Interborrow Express, the IBX.
0:56:08
And the Second Avenue Subway is funded in the prior two capital programs.
0:56:14
I know that's, you know, it's a little confusing, but the amount of time that it takes to go through the NEPA process, you have to start these very early identifying fund identify funding so that you can get those full funding grant agreements from the federal government.
0:56:28
So it's the money is parked in the 15 to 19 program and the 20 to 24 program.
0:56:33
So the program that we're talking about that's in Albany right now doesn't have to do with the Second Avenue Subway, but there is funding for the IBX.
0:56:41
It gets that project going, which is, you know, we're very excited about that project.
0:56:45
We think it's a huge, benefit for Brooklyn Queens connection, and, so there is funding in that.