New MBTA Plan Would Let Individuals And Business Directly Donate Funds To Agency
The perpetually cash-strapped MBTA could soon take donations from the private sector, including developers, as a way to recruit top talent.
MBTA officials revealed a proposal for the Recruitment and Retention Fund Monday, which Suffolk Construction CEO John Fish expects to generate $500K in its initial phase, the Boston Herald reports.
“This is sort of the entire business community putting skin in the game,” Fish told the Herald.
Boston's private sector cannot rely on the government to solve the problem, he said, so it should contribute to finding a solution of its own. If enacted, individuals and private businesses could donate cash to the T. While the agency could use the funds on a variety of measures, it would most likely go toward relocation packages for new hires or to training employees.
This is not the first time the private sector has linked up with the MBTA. Wynn Resorts is expected to contribute $7.5M to subsidize better train frequency on the Orange Line to help its employees get to and from work at its under-construction casino in Everett.
