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Housing News
Legislature Fails to Pass Economic Development Bill
The Legislature failed to pass an economic development bill by the close of the legislative session, which ended on July 31. A conference committee could not agree to a final bill as it negotiated differences between each chamber's respective versions. For housing,...
Governor Baker Signs FY2023 Budget
Governor Charlie Baker today signed the Fiscal Year 2023 budget, a $52.7 billion budget with historic investments in affordable housing programs along with other critical priorities.The final budget deposits nearly $1.5 billion into the Rainy Day Fund bringing the...
Treasury Updates Guidance on Using ARPA Funds with Affordable Housing Resources
On July 27, the U.S. Treasury Department released updated guidance that allows governments to use State and Local Fiscal Recovery Funds (SLFRF) from the American Rescue Plan Act (ARPA) to fully finance long-term affordable housing loans, including the principal of any...
CHAPA Recommendations to Governor Baker on FY2023 State Budget
The Legislature passed a $52.7 billion annual budget (H 5050) for the fiscal year 2023, which began on July 1st with an interim spending plan in place on July 18th. The FY2023 Budget is now on Governor Baker's desk. The Governor has 10 days to review it and send it...
DHCD Awards $50 Million for Affordable Housing
On July 26, the Baker-Polito Administration, through the Department of Housing and Community Development (DHCD), awarded $50 million in direct funding and $89 million in state and federal tax credits to support 26 affordable housing projects, including 384 homes for...
Senate Concludes Debate on Economic Development Bill
The State Senate concluded debate on its Economic Development Bill late Thursday evening. The Senate adopted the following housing related sections by amendment. Topic Description Amount Accessory Dwelling Units (ADUs) Allows ADUs to be built by-right in every...
Baker-Polito Administration Awards $31 Million for Permanent Supportive Housing
On July 20, the Baker-Polito Administration awarded $31 million in direct subsidies, tax credits, and rental vouchers for permanent supportive housing. According to the Governor's press release, the awards will support 11 projects, including 237 affordable homes with...
Action Alert! Ask Your State Senator to Co-Sponsor CHAPA’s Affordable Housing Priorities in the Economic Development Bill
On July 19, the Senate Committee on Ways and Means released its Economic Development Bill proposal (S.3018). The legislation includes investments in the production of affordable housing through capital authorizations, homeownership opportunities, reforms for public...
Economic Development Bill Moves to State Senate
On July 14, the Massachusetts House of Representatives passed its Economic Development Bill after two days of debate. The housing-related sections in the final House Economic Development Bill (H.5034) remained largely unchanged compared to the bill released earlier by...
Legislature passes FY2023 Budget
The House and Senate both unanimously approved a compromise $52.7 billion annual budget (H 5050) for the fiscal year 2023, which began on July 1st with an interim spending plan in place. The bill proposes a $1.46 billion deposit to the state's Rainy Day fund, which...