To support affordable housing availability across the state, Massachusetts has revealed funding and tax credits to facilitate the construction of more than 1,900 housing units.
Governor Maura Healey, alongside Lieutenant-Governor Kim Driscoll and Secretary of Housing and Livable Communities Ed Augustus, revealed the state funding and tax credits shortly after Healey’s commitment to housing affordability in her State of the Commonwealth address.
The funding, including subsidies and Low-Income Housing Tax Credit (LIHTC) support, will facilitate various projects, including the transformation of the Blessed Sacrament Church into mixed-use housing in Boston, and the repurposing of a vacant nursing home into affordable rental housing in Northampton.
Lieutenant Governor Driscoll highlighted the importance of these initiatives in expanding housing across the state. Last fall, the administration increased the LIHTC to $60 million annually as part of a $1 billion tax relief bill.
Among the projects announced are the Residences at the Park in Athol, 135 Dudley Street in Boston, and Thatcher Apartments in Brockton, among others. Two projects serving vulnerable populations were also highlighted: Solimine House in Lynn, providing 150 affordable senior housing units with healthcare links, and 900 Morrissey Boulevard in Boston, offering 99 single-room occupancy units with support services for chronically homeless individuals.
