The Baker administration recently released the 2017 Fiscal Year Capital Plan, which includes a $2.19 billion bond cap on general obligation bonds.
The plan outlines resources that will be invested in affordable and workforce housing, transportation projects and various grant programs.
“This capital plan makes substantial investments in maintaining and modernizing our transportation network, preserving thousands of affordable housing units, training an already highly skilled workforce and supporting programs critical to economic development in cities and towns across Massachusetts,” Gov. Charlie Baker said in a statement.
“In addition to important capital funding for local issues like Chapter 90 transportation funding, vocational skills grants and cultural facilities grants, the Community Compact Program will build upon a successful first year to continue awarding communities who partner with the state to improve local services, IT infrastructure and various local projects, “ Lt. Gov. Karyn Polito said in a statement.
The full capital plan can be found here.