This week, the Commonwealth launched the MBTA Communities Catalyst Fund to assist municipalities in meeting the requirements of the MBTA Communities Act.
Eligible municipalities can apply for grants ranging from $250,000 to $1 million to support housing development and infrastructure improvements, focusing on creating multifamily housing within or adjacent to compliant MBTA “3A Districts.” Funds may be used for various activities, including public outreach, engineering, and infrastructure upgrades such as water, sewer, and streetscape improvements. Priority will be given to projects that produce affordable multifamily housing, particularly those with units affordable to households earning below 80% of the Area Median Income (AMI). Mixed-use projects are also eligible, though those with a greater focus on housing will be more competitive. Funded projects must use at least 50% of awarded funds in the first fiscal year, with FY25 projects expected to be completed by June 30, 2026.
This initiative supports the development of affordable housing in key transit areas, promoting inclusive community growth and improving infrastructure to meet future housing needs across Massachusetts.