Legislature Poised To Pass Bond Bill

Post date
July 29, 2024
Matt Noyes headshot

Matt Noyes

Director of Public Policy

This morning, the Housing Bond Bill Conference Committee released the final version of the Affordable Homes Act, which includes $5.1 billion in bond authorization to support housing production.  The House of Representatives and Senate are expected to vote on the legislation later today.

 

Below is a grid detailing the funding authorizations by program:

 

Line Item Program 2018 Bond Bill Gov Proposal House Final   Senate Final Conference Committee
1599-1953 Local Designated Projects     $196,986,900  $228,770,000 $425,756,900
1599-3032 MWRA Infrastructure     $1,000,000,000     
3000-0411 Early Education & Out of School Time $45,000,000 $50,000,000  $50,000,000  $50,000,000 $50,000,000
7004-0069 Home Modification Loan Program $60,000,000 $60,000,000  $60,000,000  $60,000,000 $60,000,000
7004-0070 Facilities Consolidation Fund $65,000,000 $70,000,000  $70,000,000  $70,000,000 $70,000,000
7004-0071 Community Based Housing $55,000,000 $55,000,000  $55,000,000  $55,000,000 $55,000,000
7004-0072 Affordable Housing Trust Fund $400,000,000 $800,000,000  $800,000,000  $800,000,000 $800,000,000
7004-0073 Housing Stabilization Fund $150,000,000 $425,000,000  $425,000,000  $425,000,000 $425,000,000
7004-0074 Public Housing $600,000,000 $1,500,000,000  $2,000,000,000  $2,000,000,000 $2,000,000,000
7004-0075 Public Housing Demonstration $50,000,000 $100,000,000  $200,000,000  $200,000,000 $200,000,000
7004-0076 Housing Innovations Fund $100,000,000 $200,000,000  $200,000,000  $200,000,000 $200,000,000
7004-0077 Housing Choice Local Community Planning Grants   $35,000,000  $50,000,000  $60,000,000 $50,000,000
7004-0078 Green Housing Initiative   $275,000,000  $275,000,000  $275,000,000 $275,000,000
7004-0079 Smart Growth   $20,000,000  $20,000,000  $20,000,000 $20,000,000
7004-0080 Middle Income Housing $100,000,000 $100,000,000  $200,000,000  $100,000,000 $100,000,000
7004-0081 Commonwealth Builder   $100,000,000  $100,000,000  $200,000,000 $100,000,000
7004-0082 HousingWorks Community Planning Grants   $25,000,000  $25,000,000  $25,000,000 $25,000,000
7004-0083 Housing Choice Infrastructure   $175,000,000  $175,000,000  $375,000,000 $175,000,000
7004-0085 Neighborhood Stabilization   $50,000,000  $50,000,000  $50,000,000 $50,000,000
7004-0092 Commercial Property Conversion     $150,000,000     
7004-0093 Healthy Homes     $50,000,000     
7004-0094 Veterans Housing     $20,000,000     
7004-0095 Transitioning State-Owned Buildings     $50,000,000     
7004-0096 Rural / Small Town Housing       $50,000,000  
7004-0097 Seasonal Communities       $50,000,000  
7004-0098 Mid-Sized and Suburban Housing       $50,000,000  
7004-4784 Momentum Fund   $50,000,000  $250,000,000  $50,000,000 $50,000,000