Hochul Allocates $54M to Restart Second Avenue Subway Expansion

Governor finds state funds to resume work after congestion pricing delay leaves $15 billion gap in MTA budget

The $54 million will fund utility relocation in East Harlem, the first step in the subway extension project.
The money comes from unallocated capital funding set aside in 2016 for infrastructure projects.
Hochul's congestion pricing pause created a $15 billion shortfall in the MTA's budget, delaying further contracts.
The overall cost of the Second Avenue Subway expansion is estimated at $7.7 billion.
Federal funding of $3.4 billion for the project is contingent on the MTA securing the remaining funds.