On July 9, the Baker-Polito Administration announced $86 million in new funding to expand the Workforce Housing Initiative, including $60 million to support new affordable homeownership opportunities.
The $60 million commitment will create roughly 500 new workforce homes that will be affordable and accessible for moderate-income, first-time homebuyers.
Housing News
July 9, 2019
June 18, 2019
CHAPA Press Release
BOSTON – June 18, 2019 – In order to afford a modest, two-bedroom apartment at fair market rent in Massachusetts, full-time workers need to earn $33.81 per hour.
June 11, 2019
A bipartisan group of legislators from the House and Senate introduced legislation last week that makes key improvements to the Low Income Housing Tax Credit (LIHTC) to increase production and preservation of affordable housing across the country.
June 11, 2019
Senator Cory Booker introduced a plan to address the nation’s affordable housing challenges last week and outlined the details in an article posted on the website Medium. The plan includes:
June 11, 2019
The House Appropriations Committee released its annual funding bill for affordable housing programs, increasing funding levels by $6 billion from fiscal year 2019. The Transportation-Housing and Urban Development (T-HUD) Subcommittee approved the bill by a voice vote and it will now proceed to the House floor for a final vote, before moving to the Senate, and ultimately the President’s desk.
June 10, 2019
The FY2020 state budget is now before a conference committee to reconcile the differences between the House and Senate budget proposals.
The members of conference committee are:
June 6, 2019
On June 6, the Baker-Politio Administration released its FY2020 Capital Budget, including investments in affordable housing, community development, and early education programs. The capital investment plan includes a $90 million increase, or a 3.8% increase over FY2019.
June 6, 2019
New report by policy researcher Amy Dains explores the ground situation of local zoning regulations on multifamily housing in 100 towns and cities around Boston.
June 6, 2019
The Department of Housing and Community Development (DHCD) will hold a public hearing on Thursday, June 20, at 10:00 a.m., to amend the Qualified Allocation Plan (QAP).
DHCD intends to amend the current QAP to schedule a mini-competition for certain highly ready, multi-family rental production projects. The deadline for the competition will be October 31, 2019, with pre-applications due on September 12, 2019.