On January 22nd, the Healey-Driscoll Administration announced investments in affordable housing for the production and preservation of over 1,900 housing units in 19 communities. This involves the allocation of state funding and Low-Income Housing Tax Credit (LIHTC) support for various projects.
The Legislature and the Administration passed a $1 billion tax relief bill in the fall of 2022, which included raising the Low-Income Housing Tax Credit to $60 million annually – a $20 million increase over the previous year.
The projects receiving the investments encompass a diverse range of developments, such as transforming a historic church into mixed-use housing in Boston and repurposing a vacant nursing home in Northampton.
The projects include:
- Residences at the Park – Athol
- 135 Dudley Street – Boston
- 775 Huntington – Boston
- Blessed Sacrament – Boston
- Mildred Hailey 3 – Boston
- NUBA Apartments – Boston
- Thatcher Apartments – Brockton
- Clifton Place – Cambridge
- Jackson Place – Cambridge
- Sacred Heart – Cambridge
- 4th at Broadway – Chelsea
- 25 Garvey Street – Everett
- Franklin Ridge Senior Housing – Franklin
- Library Commons 2 – Holyoke
- Prospect Place – Northampton
- Southern Tier – Oak Bluffs
- Schoolhouse Apartments – Rockland
- The Exchange 4%/9% – Salem
- 24 Webster Avenue – Somerville
- Plaza Apartments – South Hadley
- Residences at the Vault – Springfield
- Baldwinville School – Templeton
- Residences at Lawrence Hill – Wellfleet
- WCG Homes – Worcester
- Solimine House, Lynn (150 affordable senior housing units with health care supports)
- 900 Morrissey Boulevard, Boston (99 single-room occupancy units, with extensive support services, to chronically homeless individuals in a now-vacant hotel)
For more on the Administration’s press release, please visit https://www.mass.gov/news/healey-driscoll-administration-announces-new-affordable-housing-development-across-the-state.