On May 25th, the Massachusetts Senate passed its final FY2018 budget recommendation. The $40.8 billion budget provides strong support for many affordable housing, homelessness prevention, and community development programs.
For an overview of proposed funding levels in the House and Senate budgets, please click here.
Housing News
Earlier this week, the Senate Committee on Ways and Means (SWM) released its state budget recommendations for fiscal year 2018 (FY2018). The budget includes strong support for many affordable housing and homelessness prevention programs! For an overview of how CHAPA’s priorities were funded in the SWM budget proposal, please click here.
Today, the Senate Committee on Ways and Means (SWM) released its FY2018 state budget proposal. The budget includes strong investments in affordable housing and homelessness prevention resources.
In a letter filed with the budget proposal, Senator Karen Spilka, Chair of the Senate Committee on Ways and Means, wrote:
The Department of Housing and Community Development (DHCD) issued Draft Guidelines for calculating the 40B general land area minimum. DHCD has issued these guidelines to increase fairness, improve the efficiency of the application review process, and to ensure consistency with the intent of the regulations for the purposes of calculating whether SHI Eligible Housing is on sites comprising more than 1.5% of the total land area zoned for residential, commercial, or industrial use, pursuant to M.G.L.
Today, the Baker-Polito Administration released its FY2018 Capital Budget. The capital budget will be funded with $2.26 billion of General Obligation Bonds. For the Governor's press release on the capital budget, click here.
On April 26, the students in the Greater Boston Affordable Housing Development Competition presented innovative and comprehensive proposals for developing affordable housing in communities across Massachusetts. Congratulations to the winning teams, and thank you to everyone who participated, including the students, developers, mentors, sponsors, and academic sponsors!
Read CHAPA's May Housing Briefs for state and federal housing updates!
On May 5th, DHCD released revised regulations for public housing in Massachusetts. Specifically, DHCD promulgated new regulations for:
On May 3rd, DHCD released a Notice of Funding Availability (NOFA) for A Better Life (ABL) planning grants. DHCD will award up to $500,000 in planning grants for up to five local housing authorities to research, design, and prepare to launch the ABL program in their state-aided public housing portfolio. ABL was originally designed by the Worcester Housing Authority to help public housing residents achieve economic self-sufficiency, which may include moving to private sector housing, increasing incomes, and building assets.