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Baker-Polito Administration Makes Affordable Rental Housing Awards to Shovel-Ready Projects Across Massachusetts

October 18, 2021

BEVERLY — The Baker-Polito Administration announced more than $30 million in direct funding as well as the allocation of state and federal tax credits that will yield $200 million in equity to support the rehabilitation and production of 678 units of rental housing.  Included in the total number of units, the awards, which were made through the Department of Housing and Community Development’s Rental Housing Rapid Production Program, will result in 576 affordable units with at least 140 units reserved for extremely low-income households. Projects in this round are located in in Attleboro, Beverly, Boston, Brockton, Holyoke, and Lawrence, and are backed by strong local partnerships. 
 
“The Rental Housing Rapid Production Program helps accelerate important investments in needed affordable housing, especially for projects with strong community support,” said Governor Charlie Baker. “Our administration has proposed investing $1 billion in housing priorities to help get even more projects moving in the next several years, to meet our communities’ needs. Our housing crisis demands an urgent response, and our administration is eager to support housing development in every region.”  

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