After filing the FY25 budget proposal, Governor Healey has outlined her administration’s priorities for 2024. The budget proposal would kick in beginning July 1, and would need legislative approval.
Here’s a by the numbers breakdown of the $58 billion budget plan:
$4.1 billion for the Affordable Homes Act to create middle-class housing, repair public housing, and create supportive housing for seniors, veterans + people with disabilities.
$590 million to achieve universal access to pre-kindergarten for every four-year-old across Massachusetts by the end of 2026.
$30 million for a new five-year initiative called Literacy Launch to ensure schools, educators, and students through third grade have access to high-quality literacy materials.
$325 million for the state’s emergency shelter system.
$359 million in funding, which would double the operational funding support for the MBTA. The budget also includes a plan to use $45 million to fund a system-wide reduced fare program for low-income riders.
